Discuss the Advantages and Disadvantages of Leasing

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The Answer is The benefits of leasing are the following: First,you can usually obtain a very low down payment.Second,the process of negotiating and closing a lease is usually less complicated and expensive than making a purchase and obtaining borrowed funds.A third benefit is that it is usually much easier for you to replace leased assets than it is to replace assets you own.
The primary disadvantage of leasing is that it usually costs more than would purchasing.A secondary disadvantage is that leased assets are usually subject to numerous restrictions on how they may be used,maintained,and disposed of.Restrictive lease covenants are intended to provide protection to the owner by preventing the lessee from allowing the asset to lose value through misuse,neglect,or abuse.

Discuss the Advantages and Disadvantages of Leasing

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