ERAU Buying vs Leasing Term Financing Leasing & Overall Costs Discussion

Question Description

I’m working on a supply chain discussion question and need support to help me study.

Buying versus Leasing

This week, we cover long term finance and leasing. Most, if not all, of you, either own or lease a vehicle. Please answer the following questions as completely as possible.

If you own, did you consider leasing? If yes, why did you choose a purchase over a lease?
If you lease, why did you go with a lease? List the specific advantages you feel you gained by leasing.
If you were to advise a classmate on buying vs leasing, what would be the key factors that you would like them to consider?

Min 300 words

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