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Directions: Determine the claim in the text and supply at least two (2) valid
evidences that support the point. Then, explain the validity of the evidences
using the provided criteria. Write your answer in the graphic organizers
below

To Buy or to Lease?
Unless you claim your car or truck as a business expense, then
leasing a car is probably not going to be advantageous for you. Though
some people like the idea of leasing because they want to drive a new car
every couple of years, there are some good reasons why purchasing a car
makes more financial sense. When you lease a car, you are limited in how
many miles you can drive each year. Limits usually range between twelve
and fifteen thousand miles. If you go over you have to pay a penalty,
sometimes as much as twenty‐five cents per mile. Leasing also means that
you have to return the car in pretty much the same condition it was in
when you picked it up. If you have pets or small children that will be in
the car with you, then you may end up paying exorbitant “wear and tear”
fees when your lease is up. If you’re not sure where your paycheck may
be coming from in the next few years, then leasing probably isn’t a good
idea either. Car leases are legally binding for the entire length of the lease,
and it is virtually impossible to get out of one without paying a huge
amount of money. So before going for the glamour of a leased car, make
sure you consider your lifestyle, your financial situation, and your
stability. Read the fine print and do your research; you may find that
you’re better off just buying your car.
Source: https://www.englishworksheetsland.com/grade7/readinginfo/7/2buyorlease.pdf


Sagot :

Answer:

EVIDENCE 1

Leasing usually costs you more than an equivalent loan because you are paying for the car during the time when it most rapidly depreciates.

EVIDENCE 2

Lease contracts specify a limited number of miles. If you go over that limit, you'll have to pay an excess mileage penalty.

EXPLANATION:

A downside to leasing is you essentially pay for the most expensive years of a vehicle's life. The amount you pay to lease is the difference between the purchase price and the residual value, which is the predetermined value of the car at the end of the lease period. The residual value the dealer includes in your contract directly impacts your monthly payment.

When leasing, it's better to consider a vehicle retains its value and steer clear of cars with a high depreciation rate. Devious dealers may try to shift more of the depreciation cost onto you by embedding an unfairly low residual value.

Explanation: