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Explanation:
A Assume that you want to purchase a car. The price is $10,085. With your old car and some cuh, you ca make a down payment of $2,085. In the table below, review the choices about borrowing the Which would you choose? Why?
Answer :Both car owners and potential buyers can benefit from assuming a car loan. Buyers who are unable to make payments can find someone else who can. Potential buyers can get a car without having to make a down payment or paying other fees.[1] However, the lender must agree to the assumption of any loan. If you happen to hold a loan and can’t get someone to assume it, then consider other options
Explanation:
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