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Breanne is going away to university. She has saved up some money from part-time jobs and plans to buy or lease a new vehicle.

  

Breanne is going away to university. She has saved up some money from part-time jobs and plans to buy or lease a new vehicle. She has found a compact car that she likes and is trying to decide whether she should lease or buy. The chart above contains the information she has for a 60-month term, taken from the dealership's website. Answer the following questions and show all work for full marks: What is the total price for each of the three options? What are the advantages and disadvantages of each option? If you were Breanne, which option would you choose and why? Pricing details Selected Savings and Offers Selected Accessories Finance (60 month) Lease (60 month) Cash $13,995 $13,995 $13,995 -$750 -$750 -$750 $0.00 $0.00 $0.00 Monthly Payment $276.92 Monthly Payment Lease end value Cash Price $218.75 $13,245 $4.618.35

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