5. You decide to conduct some additional research prior to purchasing your vehicle, and have discovered an alternative in leasing a vehicle. Using the table below, list eight points of importance to consider when either purchasing or leasing a vehicle (four points under each heading) (8 marks) PURCHASING No end-of-lease charges Depreciation on vehicle and interest on funds borrowed for purchase of vehicle expenses to be considered in income statement. Better warranty protection LEASING Lower monthly payments Lease expenses to be considered in income statement Post-warranty repair costs Have to change car after a specific period of time Ownership and freedom to customize the car at own will At the end of the loan term, the car is yours and we can do whatsoever we want to. At the end of the lease period, we do have to look for another car