Goals: Investigate the financial considerations of acquiring a car and make a decision on how to acquire the car based purely on those financial considerations. Instructions: Imagine that you have decided to acquire your dream car. You now have to decide whether to buy or lease that car. Write a report specifying the differences between leasing and buying your dream car and make a decision on whether to buy or lease. In writing your report you must do the following:

Gather the terms under which you would lease the car, such as the necessary down payment amount and monthly payment amount.

Calculate the total costs when leasing the car.

Gather the terms under which you would buy the car, such as the necessary down payment amount and monthly payment amount.

Calculate the total costs when buying the car.

Include the benefits, drawbacks, and costs involved with each of the two financial options.

Consider what measures you could use to make a decision.

Decide on a specific measure to use as the basis of your decision and explain why you chose that measure.

State your decision.