Gina has to pay monthly installments for a period of 24 months to her car dealer. After 24 months she can either return the car or buy it at its lower resale value. Has she bought the car on a loan or is it on lease?

Question

anonymous · Answer

Well, first, she couldn't have bought the car because she wouldn't be making payments, at least not to the car dealer. Secondly, it clearly states "or buy it at its lower resale value". That clearly suggests that she leased it.

anonymous · Answer

I was thinking the same thing, but look at this, no matter what answer i put, it said it was wrong. Hold on let me take a snapshot

anonymous · Answer

attachment

anonymous · Answer

okay sweet heart

anonymous · Answer

What do you suggest?

anonymous · Answer

then it would be a loan if it shows wrong that she leased thats all i got hunny