C. Stop driving the car and pay $450 for excess mileage when he turns it back at

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C. Stop driving the car and pay $450 for excess mileage when he turns it back at the end of the lease.

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Personal Finance

ISBN: 9780618938735

9th Edition

Authors: E. Thomas Garman, Raymond Forgue

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Question Posted: Oct 18, 2024 03:01 AM

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C. Stop driving the car and pay $450 for excess mileage when he turns it back at the end of the lease.
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B. Try to cut back on his driving to minimize his excess mileage fee, which could be more than $2500 if he keeps driving at the same rate as he has been.
D. Continue driving the vehicle and buy it at the end of the lease by paying the residual value agreed upon when he entered into the contract.
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C. Stop driving the car and pay $450 for excess mileage when he turns it back at

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Personal Finance

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