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each statement, determine if it is a characteristic of a lease or a purchas
Mileage is limited.
Buying a vehicle
There are no mileage restrictions.
Payments are smaller.
The car is returned after the contract.
You can sell the car at any time.
Payments are generally higher.
Leasing a vehicle

each statement determine if it is a characteristic of a lease or a purchas Mileage is limited Buying a vehicle There are no mileage restrictions Payments are sm class=

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Payment are generally higher in lease purchase

What is lease purchase?

Lease purchase allows individual to pay in bit until the full payment of an item is made.

After the payment the individual is entitled to carry or take the property.

It is done based on agreement between the seller and the individual who wants to purchase. The individual pays more because of the time of payment.

Therefore, Payment are generally higher in lease purchase

Learn more on lease payment here,

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