The chart compares transportation options. Option A to buy new has a monthly payment of 338 dollars for 60 months, up-front cost of 2,500 dollars, and 275 dollars a month for insurance and gas. Option B to lease new has a monthly payment of 229 dollars for 36 months, up-front cost of 3,925 dollars, and 275 dollars a month for insurance and gas. Option C to buy used has a monthly payment of 250 dollars for 36 months, up-front cost of 2,000 dollars, and 225 dollars per month for insurance and gas. What is a main disadvantage of leasing a vehicle compared to buying a vehicle? the up-front cost the monthly payments the length of payments the cost of insurance and gas

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bonillaw943 bonillaw943 · Answer 1 · 2020-09-23T17:38:50+02:00

Answer:

Explanation:

The up- front cost

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anthougo anthougo · Answer 2 · 2022-05-09T12:59:39+02:00

The main disadvantage of leasing a vehicle compared to buying a vehicle is A. the up-front cost.

An up-front cost is a down payment that is required to be made when making an asset purchase transaction.

The up-front cost is usually calculated using an agreed or fixed rate.

For example, a seller of a vehicle may demand an up-front or down payment of 10%.

The up-front cost or down payment reduces the outstanding loan.

Options Monthly Maturity Up-front Insurance Total

Payments Period Cost and Gas Costs

Option A to buy new $338 60 months $2,500 $275 $39,280

Option B to lease $229 36 months $3,925 $275 $22,069

Option C to buy used $250 36 months $2,000 $225 $19,100

Thus, the main disadvantage of leasing a vehicle compared to buying a vehicle is A. the up-front cost.

Learn more about up-front costs at https://brainly.com/question/6359071

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