Which of the following is NOT an advantage of owning a car?
a. Smaller down and monthly payments than leasing a car
b. Drive unlimited number of miles
C. Flexibility to be able to customize it
d. Yours to keep and sell when you wish

This is about the benefits of owning a car.

Option A is not an advantage

Option A; Thus is not an advantage because on the contrary, when you take loan to buy a car, the money you will pay monthly is far higher than what you would have paid if you leased the car. This is because when you lease you will have a far longer period to repay than when you buy.

Option B; This is an advantage because the car is yours and you can drive for as long you wish.

Option C: This is also an advantage because since you are the owner you are free to customize it to your taste as much as you wish.

Option D; This is also an advantage because you can sell anytime you want to do so.

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Smaller down and monthly payments than leasing a car

Option A.

Explanation:

If you lease a car, then the amount of money that a person has to pay in the form of monthly payments and installments is less when compared to when a person owns a car.

When you own a car, the monthly payment made is more than the monthly payments compared to when the car has to be leased. This is the disadvantage of owning a car, that the payment is more to be made.

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