Question

which outcome is a benefit of having a higher credit score when seeking a vehicle lease? a. no need for a down payment b. eligibility for unlimited mileage c. guarantee of vehicle buyout options d. potential for reduced security deposits

Explanation:

A higher credit score shows a person is more reliable in financial matters. When leasing a vehicle, a lower - risk lessee (higher credit score) may be offered reduced security deposits as the lessor has more confidence in the lessee's ability to fulfill the lease terms. A down payment is a different concept from a security deposit and not directly tied to credit score in the same way. Unlimited mileage and vehicle buyout options are usually part of the lease terms negotiated separately and not guaranteed solely by a higher credit score.

Answer:

d. Potential for reduced security deposits