Q:

Mark wants a new car that costs $30,000. He only has $500 in his savings account and $300 in his checking account. Which financing option should he choose?

Accepted Solution

A:
I would actually say that the best thing for Mark to do is to "Lease the car with a 0 percent down payment.". Sense he does not ave enough money to pay this car off, he would then have a better option to lease this car. By him doing this, it would help him to get to his destination faster and get things done for him.