Which of the Following Is a Disadvantage of a Car

question 95

Multiple Choice

Which of the following is a disadvantage of a car lease?

• A) A large down payment is required.
• B) At the end of the lease, you have no ownership interest in the vehicle.
• C) The capitalized cost is usually lower than the list price.
• D) Monthly lease payments are usually lower than monthly financing payments.
• E) You can usually obtain a more expensive vehicle than with an outright purchase.

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Definitions:

Points of Difference

Unique attributes or benefits that set a product, service, or brand apart from its competitors in the eyes of the target market.

Competitive Substitutes

Products or services that can be used as replacements for another due to similarities in function or utility, creating options for consumers.

Core Benefit Propositions

The fundamental value or advantage that a product or service offers to customers, addressing their needs or solving their problems.

Marketing Mix Elements

Components of a marketing plan which include product, price, place, and promotion, often extended to include people, processes, and physical evidence.