When you decide it's time to purchase a vehicle, there are different options to consider. You may choose to buy or lease the car, but it is important to completely understand the advantages and disadvantages of each option before making a decision. This quiz and worksheet combination will ask you to choose the best answer about different terminology relative to these two alternatives.
A contract is a contract, right? You sign on the dotted line and agree to certain terms. With a lease, you agree to pay x amount for, say, 36 months, and at the end of the lease term you can either buy the vehicle or turn it in.
This quiz is general advice only and relies on some general assumptions about car models and lifestyle factors, and those assumptions are not true for all vehicles. The results are not conclusive and should not replace professional advice when choosing a car. You should always do your own research before buying a car.
Insurance is issued by AAI Limited ABN 48 005 297 807 AFSL 230859 (AAI) trading as AAMI. Any advice has been prepared without taking into account your particular objectives, financial situation or needs, so you should consider whether it is appropriate for you before acting on it. Please read the relevant Product Disclosure Statement before you make any decision regarding this product. The Target Market Determination is also available.
Depending on the purchaser's state of residence, certain state and/or utility incentives may be available. These incentives are not within Hyundai's control and are subject to change or expire without notice. These incentives are referenced for informational purposes only. This information does not constitute tax, financial or legal advice. Please consult with your tax, financial or legal professional to determine eligibility, amount of incentives and/or credits available, if any, and further details.
Depending on the purchaser's state of residence, certain state and/or utility incentives may be available. In addition, the purchaser may be eligible for HOV lane access and other benefits. These incentives and benefits are not within Hyundai's control and are subject to change or expire without notice. These incentives and benefits are referenced for informational purposes only. This information does not constitute tax, financial or legal advice. Please consult with your tax, financial or legal professional to determine eligibility, amount of incentives and/or benefits available, if any, and further details. For additional information regarding state and utility incentives please see the Alternative Fuels Data Center.
The purchaser of a new MY22 NEXO Fuel Cell may be eligible for a California clean vehicle rebate from $0 up to $4,500, subject to California's Clean Vehicle Rebate Project (CVRP) Terms and Conditions. Unless otherwise permitted under the CVRP Terms and Conditions, the rebate is a potential future benefit and is not applied at the time of purchase. Additional incentives such as high-occupancy vehicle lane exemptions, financial incentives or utility rate reductions may also be available for California residents. Government incentives and benefits are not within Hyundai's control and are subject to change or expire without notice. These incentives and benefits are referenced for informational purposes only. This information does not constitute tax, financial or legal advice. Please consult with your tax, financial or legal professional to determine eligibility, amount of incentives and/or benefits available, if any, and further details.
The purchaser of a new 2023 NEXO Fuel Cell may be eligible for a California clean vehicle rebate from $0 up to $4,500, subject to California's Clean Vehicle Rebate Project (CVRP) Terms and Conditions. Unless otherwise permitted under the CVRP Terms and Conditions, the rebate is a potential future benefit and is not applied at the time of purchase. Additional incentives and benefits such as high-occupancy vehicle lane exemptions, financial incentives or utility rate reductions may also be available for California residents. Government incentives and benefits are not within Hyundai's control and are subject to change or expire without notice. These incentives and benefits are referenced for informational purposes only. This information does not constitute tax, financial or legal advice. Please consult with your tax, financial or legal professional to determine eligibility, amount of incentives and/or benefits available, if any, and further details.
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