The Fourth Question

It's is clear that under the current circumstances Arielle the tattoo artist would have to pay a fine total of $43 085 for a new vehicle (GST, interest, everything included) if she was to pay $1289.38 in regular monthly intervals for a total of 36 months.

It is then discovered that Arielle is offered a lease for the SUV for three years. If she is to accept she would end up paying $61 a month for a grand total of $2194.44at the end of her contract.

Then in the event she was to do that, she has considered perhaps buying the vehicle at the end of 3 years. The value of the vehicle (payments, interest, gst) will be $23269.75 at the eve of the third year to her.

As a recommendation we would recommend that Arielle was to purchase the vehicle at the end of her three year contract as it would end up being significantly cheaper.

Any advantage related to the sudden purchase of the vehicle instead of participating in the three year contract would be of the following.

-She'll have vehicle in her possession instantly instead of having it through a lease.



Signed UriAh and ClarKe