Regina finds a new car costing $25,000 and a used car costing $17,000. Which car will have higher insurance premiums and why? Select the best answer from the choices provided.
O A. the new car because Insurance premiums are partly based on the price of a car
O B. the used car because it depreciates faster
OC. the new car because it depreciates faster
OD.
the used car because Insurance premlums are based on the expected repair costs of a car