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Mark wants a new car that costs $30,000. He only has $500 in his savings account and $300 in his checking account. Which financing option should he choose?

2 Answers

2 votes
He should go with his checking account because his savings is way more valuable
User SlateEntropy
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5 votes

If you answer choices are:

A.) Purchase the car with a 10 percent down payment.

B.) Lease the car with a 0 percent down payment.

C.) Lease the car with a 35 percent down payment.

D.) Purchase the car with a 20 percent down payment.

Than your answer is:

B.) Lease the car with a 0 percent down payment.

User Disfated
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8.2k points