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Advantages of leasing [Video]

Advantages of leasing

There are several advantages to leasing for both the lessor and lessee.

The advantages of leasing for the lessor are that:
(1) you can make money on the interest
(2) you can boost sales of your product or service (if you’re a manufacturer of a dealer)
(3) the leased asset could end up having a high residual value

The advantages of leasing for the lessee are that:
(1) it optimizes cash flow (you can pay cash over time instead of paying all the cash to acquire the asset upfront)
(2) it can be a cheaper source of financing (you might get a lower interest rate than if you had borrowed the money)
(3) flexibility (the payment structure, lease term, and other details can be tailored to the lessee’s needs)
(4) protection from obsolescence
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