Gina has to pay monthly installments for a period of 24 months to her car dealer. after 24 months she can either return the car

Question

3 years ago

9

Gina has to pay monthly installments for a period of 24 months to her car dealer. after 24 months she can either return the car

or buy it at its lower resale value. has she bought the car on a loan or is it on lease? done clear a left hand holding car keys over a grayish white sedan with clouds in the background

Mathematics

2 answers:

grandymaker [24] · Answer 1 · 2022-01-26T01:40:47+03:00

grandymaker [24]3 years ago

5 0

The answer is a CAR LEASE

skad [1K] · Answer 2 · 2022-01-25T23:43:53+03:00

For the answer to the question above asking, <span>as she bought the car on a loan or is it on lease if </span><span>Gina has to pay monthly installments for a period of 24 months to her car dealer. after 24 months she can either return the car or buy it at its lower resale value?

this is a clear example of a lease</span>