Question: Use the following data: 9 Down payment to $ 5,800 Down payment for finance vehicle $ 2,100 lease Monthly loan payment $ 810 Monthly lease

 Use the following data: 9 Down payment to $ 5,800 Down

Use the following data: 9 Down payment to $ 5,800 Down payment for finance vehicle $ 2,100 lease Monthly loan payment $ 810 Monthly lease $ 620 payment Length of loan 48 months Length of lease 48 months Value of vehicle at end End-of-lease of loan $ 10,800 $ 1.050 charges a. What is the total cost for buying and for leasing a motor vehicle with a cash price of $34,000? look rint Total Cost rences Buying Leasing b. Based on your answers in part a, would you recommend buying or leasing? O Buying O Leasing

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