1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vsevolod [243]
3 years ago
11

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car. what’s

the best transportation option for jim?
Business
2 answers:
balandron [24]3 years ago
8 0
I think Electric car would be the best option for Jim.

The market now move very aggressively towards an eco-friendly car that would not burden the environment.
Even though the initial price would be higher, Jim will benefit form buying this type of car overtime
jarptica [38.1K]3 years ago
3 0

<u>Utilizing his saving as a down payment and buying the car using an auto </u>loan is the best transportation option for Jim.

Further Explanation:

Auto loan:

Auto loan is a type of loan offered for the purpose of car loan. Only the principle amount and the interest rate is being charged by the company or the bank who gives car loan. An upfront amount is paid at the initial time of the purchase of the car. A basic interest rate is charged which is not expensive for the borrower. So auto loan is quite secured method for purchasing a car on loan.  

  • Buying a car using an auto loan will not be a best transportation option for Jim as he will lose all his savings on buying a car.
  • Leasing a car is not a good option for Jim as leasing will not make him the car owner. Leasing will just let him use the car and pay a certain amount of money at a regular period to the lease contractor.
  • A down payment for buying the car using an auto loan will be the best transportation option for Jim as it will not lead to high pressure submission of the money at initial process and he can best utilize his saving as a down payment.
  • Renting the car daily will not be a good option for Kim as, it will be quite expensive.

Learn More:

1.Renting and owning

<u>brainly.com/question/2288011 </u>

2. Rental housing agreement  

<u>brainly.com/question/2358162 </u>

3. Insurance bill  

<u>brainly.com/question/3787447 </u>

Answer Details:

Grade: High school

Chapter: Renting car

Subject: Business studies

Keywords:

Jim is in the market for a car that will last for the next 10 years and has saved up some money for the purpose of a car, what’s the best transportation option for Jim, buying a car using an auto loan, leasing a car, utilizing his saving as a down payment and buying the car using an auto loan, renting a car daily.

You might be interested in
Which of the following statements about boundary managers is true? a. Boundary managers persuade top management to support the t
Gelneren [198K]

Answer:

A

Explanation:

The way in which boundaries are managed can affect organisational function. For effective functioning, it is important to set up boundaries to create levels of distinctions and integration.

It is The boundary manager determines how a team can work with others that are interested in how the team performs and they persuade too management to support the teams work.

6 0
3 years ago
Theoretically high taxes slow the economy because
Vlad1618 [11]

High taxes in theory would slow the economy because they redirect money from the private sector to the government and reduce consumption.

<h3>How do high taxes slow the economy?</h3>

The economy grows when the private sector produces more and grows. High taxes will take money from this sector which would leave less cash for growth investment.

High taxes also reduce the amount that people have for consumption which would reduce Aggregate demand.

Find out more on Aggregate Demand at brainly.com/question/1490249.

#SPJ12

4 0
1 year ago
Give an example of a public franchise and an example of a public enterprise. an example of a public franchise is
Masja [62]
<span>I took this before, it's a firm that is the​ sole, government-designated provider of electricity​, and an example of a public enterprise is the government directly providing sewage service.

(:
</span>
6 0
3 years ago
It's okay to lower a vehicle onto a high-reach support stand.<br><br> True or False
liubo4ka [24]

Answer:

False

Explanation:

Use high reach vehicle support stands to help stabilize the vehicle for jobs that involve considerable displacement of weight or that shake the vehicle. Never lower vehicles onto vehicle support stands. If this is done, the stands may push the vehicle off the lift.

5 0
3 years ago
What was the opening price of dow jones industrial average on jun 01, 2017 in the format of xxxxx.xx?
babymother [125]

Answer:

21080.28.

Explanation:

3 0
2 years ago
Other questions:
  • Described below are certain transactions of Sheridan Corporation. The company uses the periodic inventory system.
    8·1 answer
  • How is using a coffee cup calorimeter an effective way to determine enthalpy?
    11·1 answer
  • What's a good way to start this?. . Use a graph to show the impact on the price of Japanese cars sold in the United States if th
    10·1 answer
  • The model of competitive markets relies on these three core assumptions: 1. There must be many buyers and sellers—a few players
    13·1 answer
  • When negotiations appeared to be going in the wrong direction, an HVAC systems company and its union representatives agreed to b
    10·1 answer
  • Determine how each scenario will impact either supply or demand in the given market.
    13·1 answer
  • Procter &amp; Gamble markets its popular multipurpose cleaner as Mr. Clean in North America and Asia but uses several different
    8·1 answer
  • Preferred stock is like a bond in that it Multiple choice question. legally obligates the issue to pay the holder or face bankru
    6·1 answer
  • An airline is considering a project of replacement and upgrading of machinery that would improve efficiency. The new machinery c
    9·1 answer
  • The government can shift or influence supply in a market by providing subsidies (money) to businesses or by taxing them heavily.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!