Summarize pros and cons of leasing versus purchasing van

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Discussion Question: You work as the finance administrator of a community health center. The CHC plans to acquire a van to offer screening and vaccination services on the weekends and evenings at public venues. You estimate you will drive about 200 miles per week, which is under the 12,000 mile annual limit for leasing a vehicle without penalties. It is not clear how long you will keep the van. The clinic director asked you to summarize the pros and cons of leasing versus purchasing the van and to provide a recommendation.

Reference no: EM132277312

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