10
QuizMultiple Choice

Leasing vs. Buying a Car

Question 10 • 2025-2026 GSP Mathematical Reasoning for Decision Making

Leasing a car for a short time is usually cheaper than buying the same car since __________.

Answer
A
insurance premiums are lower for leased cars
B
leasing generally comes with a lower interest rate
C
people who lease cars are considered more responsible than those who buy
D
in leasing a car you pay only for the depreciation of the car rather than the total value

Explanation

When you lease a car, your payments generally cover the car’s loss in value during the time you use it, plus fees and other costs. Buying means paying for the car’s full value, so leasing for a short time is usually cheaper. The correct choice is “in leasing a car you pay only for the depreciation of the car rather than the total value.”

AI-written and checked against the verified answer.