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which statements apply to leasing a car? check all that apply. the car …

Question

which statements apply to leasing a car? check all that apply. the car may be driven as much as needed. payments are generally higher than buying. there are mileage restrictions on the car. you must return the car after the lease ends. there are penalties for ending the lease early. you can sell the car to someone else after the lease ends.

Explanation:

Brief Explanations

Leasing a car usually has mileage limits. Payments are often lower than buying in the short - term. At the end of the lease, the car must be returned. Early lease termination incurs penalties. One cannot drive as much as needed unrestrictedly and cannot sell the car after lease end as it is not owned during the lease.

Answer:

  • There are mileage restrictions on the car.
  • You must return the car after the lease ends.
  • There are penalties for ending the lease early.