Which of the following will directly affect the final cost of a new car if you elect to purchase the vehicle? Check all that apply. The interest rate of any loan used to finance the purchase The number of accidents and traffic eltations on your driving record for the past three years The extent to which you dress up when you negotiate the purchase The amount of the trade-in on an existing vehicle (if applicable) The final negotiated price of the vehicle Alternatively, after seeing several television commercials suggesting the benefits of leasing a new automobile, you've started thinking about the phenomenon of teasing. Which of the following statements regarding leasing is true? Check all that apply. Customary end-of-term charges on a lease can include a disposition fee, an early termination charge, and an excess mileage charge. If you select to use a closed-end lease, then you'll be free from any final payment. That's why they call it a walkaway lease. Leases work best for people who want to drive a vehicle for years and years, and drive at least 30,000 miles every year. The lessee actually owns the vehicle during the lease period. Leasing can result in lower monthly payments than would be incurred if you purchased the vehicle. A lease payment is based on four variables. Which of the following is not one of these variables? O The cost of the vehicle The vehicle's residual value Any down payment, rebate, or trade-in value made at the beginning of the transaction The closed and premium why would the credit score used on a vehicle loan differ from that used to purchase a home or furniture O Because it allows credit bureaus to sell another type of credit score to their business customers Because lenders making vehicle loans want to rely on a credit score that places greater emphasis on a borrower's past experiences repaying vehicle loans