The Cost and Demographics of Vehicle Acquisition

Monthly costs also could be a fac-tor in deciding whether to lease, buy new, or buy used. The average monthly payment was $353 for lessees, $399 for new-vehicle purchasers, and $273 for used-vehicle purchasers. Thus, al-though lessees have a lower monthly payment than do new-vehicle purchas-ers, they still have a higher monthly ................
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