Ginny has researched several cars, and she has narrowed down her choices to two cars. The car on the top of her list can be purchased with a bank loan or leased through the manufacturer's program. Ginny had a bad experience with her previous car, which gave her a lot of mechanical trouble and quickly lost its value at the time of trade-in. Ginny does not want to go through a similar experience again. She normally changes her cars every three to four years. Ginny should consider
A) leasing her next car under an open-end lease.
B) leasing her next car under a closed-end lease.
C) buying her next car with cash.
D) buying her next car with a bank loan.
Correct Answer:
Verified
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