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    Buy vs Lease

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    You can buy a car for $25,000 and sell it in 5 years for $5,000. Or you can
    lease the car for 5 years for $5,000 a year. The discount rate is 12 percent per year.

    a. Which option do you prefer?
    b. What is the maximum amount you should be willing to pay to lease rather than buy the car?

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    https://brainmass.com/business/leasing/buy-vs-lease-55792

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    You can buy a car for $25,000 and sell it in 5 years for $5,000. Or you ...

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