From the lessee's point of view, leasing provides a method of making a sale while still maintaining the advantages of ownership, including security in the asset and tax benefits.

Question

Quizplus · Accepted Answer

From the lessee's perspective, leasing provides a method of acquiring the use of an asset without the need for large initial capital outlays, but it does not confer the advantages of ownership such as security in the asset and tax benefits; those advantages typically accrue to the lessor.

From the Lessee's Point of View, Leasing Provides a Method