Question

Which statement describes a car lease?

Answer 1

Answer: Option C

Step-by-step explanation:

You get to use a car for a specific time period by making monthly payments

usually when you get a car lease you pick out the car and (as an example) lets say you have a 3 year lease, you will pay monthly payments for 3 years then return the car.  

Answer 2

Answer:

The right option is (C) You get to use a car for a specific time period by making monthly payments.

Step-by-step explanation:

Leasing is similar to renting. But in leasing we make payments for the use of the car over a certain time period, and then we return the car at the end of that period to the company or the person from which we have taken it. Most likely, we lease a car for 2-3 years and then have the option of buying the car or giving it back to the dealer. This method is usually used by big companies.