- Words: 1503
- Length: 4 Pages
- Topic: Business
- Paper #: 97412395
The questions of buying or leasing have been the concern of finance managers and experts, favoring a lease over a purchase,
Leasing tends to cost the company a bit more, since the effective interest rate is usually higher. On the other hand, it is often easier to enter into a lease than to obtain an equipment loan from a bank (J. Schiff, 2005)"
The idea that leasing always costs more isn't true,