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A car with a total purchase price of $12,000 is available, while a comparable model can be leased for $350 a month for 36 months with end-of-lease costs of $800. Which arrangement should you choose

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A person should choose the arrangement of $12000 as when it is compared with the lease model more benefit is there in the first arrangement.

What is the comparable model?

A similar model is a method of valuation that examines the financial results of numerous businesses to identify any that may be overvalued or undervalued.

Firms that operate in related fields are used as a comparison for estimating the worth of another company. In a trading comparables analysis, comparative businesses are used.

Thus,

First arrangements should be selected for the comparable model.

Learn more about the comparable model:

https://brainly.com/question/15109033

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