American_Bankers_Association

CTFA · Question #197

Disadvantages of leasing are all of the following EXCEPT:

The correct answer is D. No trade. See the full explanation below for the reasoning.

Question

Disadvantages of leasing are all of the following EXCEPT:

Options

AWhen interest rates are low, owning makes more financial sense than leasing
BNo mileage penalty
CIncreased flexibility
DNo trade

How the community answered

(37 responses)

A
5% (2)
B
8% (3)
C
14% (5)
D
73% (27)

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