Asked by a

The depreciation component of a lease payment is _____.
a.
to compensate the leasing company for the monetary value the car loses during your lease
b.
interest you pay on the money the lease company has invested in your car during your lease
c.
the sum of your first and final lease payments, designed to make driving the car off the lot more affordable
d.
an additional amount added to the value of the car to say “thank you” to the lease company for their services


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
A

The depreciation portion of a lease payment covers the vehicle's loss in value over the lease term — what the car depreciates by while you use it.