Please choose the correct ending to complete the given sentence: Cars & Other Vehicles: [header] How to get an open end car lease [title] Differentiate between open and closed ended leases. [step] Open and closed ended leases operate in very much the same manner throughout the life of the contract. The difference between the two lies in what happens upon the end of the agreed upon timeframe.

Ending1: [substeps] For example, when you sign the agreement, the term is full to five years and you pay a house amount. Open and closed ended leases usually have higher terms. Ending2: Even if you choose an open end for a property that is unfinished, then you still have to consider whether it will actually have to be built into the future as a feature in your lease agreement. [substeps] Open end leases will typically be considered one of three different properties. Ending3: [substeps] For example, if you find an open relationship between the two you know that it becomes a roadjam that can lead to a termination. However, if you learn the name, year, year and parcel of the building, then you may be able to identify the market you are entering into. Ending4: Closed end leases are more common for consumers, as you can simply return the car at the completion of the contract with no additional financial responsibilities unless the vehicle requires repairs. [substeps] You are responsible for this balloon payment regardless of the actual value of the car at the end of the contract.

Answer format: ending1/ending2/ending3/ending4