The more important factors that will influence someone to lease or buy an asset are: interest rate, residual value, obsolescence and the risk factors.

Question

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These factors are crucial in deciding whether to lease or buy an asset. Interest rates affect the cost of financing, residual value impacts the asset's value at the end of the lease or finance term, obsolescence determines how quickly an asset might become outdated, and risk factors include the potential for loss or damage to the asset.

The More Important Factors That Will Influence Someone to Lease