Answer :
The term that describes an alternative to car buying where monthly payments are made for a specific period of time, after which the vehicle can be returned to the dealership or purchased, is called car leasing.
Explanation:
1. Car leasing is a process where you essentially rent a car for a specified period by making monthly payments.
2. At the end of the lease term, you have the option to either return the car to the dealership or buy it at a predetermined price.
3. Car leasing provides the flexibility of driving a new vehicle without the long-term commitment of ownership.
Therefore, the correct answer to the question is: A. car leasing.
Explanation:
1. Car leasing is a process where you essentially rent a car for a specified period by making monthly payments.
2. At the end of the lease term, you have the option to either return the car to the dealership or buy it at a predetermined price.
3. Car leasing provides the flexibility of driving a new vehicle without the long-term commitment of ownership.
Therefore, the correct answer to the question is: A. car leasing.
