Ralph has a credit score of 580, which leads to a higher interest rate. Would leasing a compact SUV and then purchasing it be more cost-effective for him than financing the purchase over 5 years?

Name: Revolt
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Question

Revolt · Accepted Answer

Leasing then purchasing is more cost-effective due to lower monthly payments.

Automobile Ownership - Test Test

Ralph has a credit score of 580, which leads to a higher interest rate. Would leasing a compact SUV and then purchasing it be more cost-effective for him than financing the purchase over 5 years?

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