Given below are lease terms at local dealership. What is the total cash due at signing? Terms : length of lease= 36 months MSRP

Question

4 years ago

13

Given below are lease terms at local dealership. What is the total cash due at signing? Terms : length of lease= 36 months MSRP

of the car= $15,000 Purchase value of the car after lease =$9500 Down payment $2600 Monthly Payment =$425 Securitydeposit= $375 Acquisition= $300

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2 answers:

Ksivusya [100] · Answer 1 · 2022-01-16T06:50:39+03:00

ANSWER: $3,275

EXPLANATION: At the time of signing, the total cash due at the local dealership is $3,275. The person buying the car needs to pay the down payment of the car, the security deposit and the cost of acquisition. So, the calculations adding up are $2,600 + $375 + $300 = $3,275

slavikrds [6] · Answer 2 · 2022-01-16T04:24:40+03:00

slavikrds [6]4 years ago

4 0

The total due is $3275, which includes the Down payment, Security deposit, and Acquisition