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Instead of buying, the dealer offers to lease you a car worth $25000 for $412/mo. for 60 months with $3500 down, lease payments due at

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Instead of buying, the dealer offers to lease you a car worth $25000 for $412/mo. for 60 months with $3500 down, lease payments due at the beginning of the month. Assume that if you buy the car, the estimated value in 5 years will be $2500. Should you lease or buy, and how much of an advantage does it provide you? (Assume that an APR of 6% is correct.) BUY, $1750 LEASE, $1750 Doesn't matter, the costs differ by less than $100

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