Question

Which of the following is not a fee that contributes to the initial cost of leasing a car?

a.
first payment
b.
final payment
c.
acquisition fee
d.
disposition fee


Which of the following is not a fee that affects the total cost of leasing a car?


a.principal charge
b.total down payment
c.residual value of the car
d. documentation and registration fees

Answer 1

Here are the answers to the questions above:
1. Based on the list of fees above, the one that does not contribute to the initial cost of leasing a car is the FINAL PAYMENT. Answer would be option B.
2. In leasing a car, the amount that does not affect the total cost is the PRINCIPAL CHARGE, and the answer for this is option A.
Hope this helps.