Over the past decade,the number of new car sales are down and the number of new car leases are up.What is probably the main reason why this is true?
A)The salesman makes a higher commission when cars are leased.
B)The manufacturers prefer it when people lease instead of purchase.
C)New cars are getting so expensive that the average person can't afford to buy them.
D)Both A and B are correct.

Question

Quizplus · Accepted Answer

The main reason for the increase in new car leases and decrease in new car sales is likely due to the rising cost of new cars. As new cars become more expensive, many people may not be able to afford the upfront cost of purchasing a new car and instead opt to lease a newer model for a lower monthly payment. Choice A may be a contributing factor but it is not the main reason, and choice B is not necessarily true for all manufacturers.

Over the Past Decade,the Number of New Car Sales Are