fp 101 week 6 - Week Six DQ 1 Post a 150- to 300-word...

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Week Six DQ 1 Post a 150- to 300-word response to the following discussion question by clicking on Reply: Refer to Figure 7-1 of Personal Finance . Why is it important to go through these steps when you are planning on making a large purchase? Depending on the purchase will make a difference on whether or not to lease or buy. It's not possible to simply say that one is always better than the other because the answer depends on the specifics of each individual situation. Leases and purchase loans are simply two different methods of automobile financing leasing is NOT renting. One finances the use of a vehicle; the other finances the purchase of a vehicle. Each has its own benefits and drawbacks. Be sure to get free price quotes on these cars to find the Best price to get the best lease. When making a 'lease or buy' decision you must look not only at financial comparisons but also at your own personal priorities try to figure out what's important to you. Is having a new vehicle every two or three years with no major
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This note was uploaded on 04/05/2012 for the course EDUCATION ETH 125 taught by Professor Hoge during the Spring '12 term at University of Phoenix.

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fp 101 week 6 - Week Six DQ 1 Post a 150- to 300-word...

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