Question: why would leasing not be a good option for Brad? back up why you say that Brad has just graduated from a local university and

why would leasing not be a good option for Brad? back up why you say that

Brad has just graduated from a local university and earned a degree in Electrical Engineering. He has been hired by a stable company 50 miles from his one-bedroom apartment. His rent is $650.00 per month. Brad's beginning salary is $75,000.00 annually. Brad's parents have supported him throughout college and he is driving a used Toyota which has high mileage, but is running okay. Brad has earned some spending money by working part- time jobs while in college, but only has about $1,000.00 in savings. Brad would really like to buy a new or used car. Brad has just graduated from a local university and earned a degree in Electrical Engineering. He has been hired by a stable company 50 miles from his one-bedroom apartment. His rent is $650.00 per month. Brad's beginning salary is $75,000.00 annually. Brad's parents have supported him throughout college and he is driving a used Toyota which has high mileage, but is running okay. Brad has earned some spending money by working part- time jobs while in college, but only has about $1,000.00 in savings. Brad would really like to buy a new or used car

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