A car lease is a contractual agreement where you pay to use a vehicle for a specific time period. The statement that accurately describes a car lease is:
C. You get to use a car for a specific time period by making monthly payments.
In a car lease agreement, you make regular monthly payments to the leasing company for the use of the car. However, at the end of the lease term, you do not own the car unless you choose to buy it outright based on the terms of the lease agreement.
On the other hand, option A, which mentions owning the car after paying the last installment, typically describes a financing arrangement such as an auto loan where you eventually own the vehicle after completing payments.
