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Buying vs Leasing Given the below lease terms at a local car dealership, what is the total cash paid by the end of the lease

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Buying vs Leasing Given the below lease terms at a local car dealership, what is the total cash paid by the end of the lease when at signing the dealership required a down payment, security deposit, acquisition fee at signing and all the monthly payments paid? Length of lease = 48 months MSRP of the car = $29, 750 Purchase value of the car after lease = $19, 900 Down payment = $1, 800 Monthly payment = $475 Security deposit = $375 Acquisition fee = $300 Choose one . 5 points O $2, 900 O $25, 275 O $375 O $25, 475

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