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Question
- what will your total cost for the car be at the end of your loan/lease? 4. what factors influenced your buying and financing decisions?
Brief Explanations
For question 3, factors like interest - rate, loan/lease term, down - payment, and residual value (for lease) affect total cost. For question 4, factors include personal income, credit score, car's price, insurance cost, and long - term financial goals.
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- Interest rate, loan/lease term, down - payment amount, and (in case of lease) residual value impact total cost.
- Personal income level, credit score, car's purchase price, insurance premiums, and long - term financial plans influence buying and financing decisions.