Office equipment such as computers, servers, etc.

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Types of leasing
Essentially, there are three types of leasing:

Financial: when the lessee contracts the service knowing that he will purchase the asset. The duration of the contract is usually long.
Operational: it is applied for more specific situations, with the objective of using the good, but not purchasing it.
Electronic equipment: This is a special type of equipment that involves devices that can wear out quickly depending on their use.
Features and examples
The leasing contract should include a purchase option at the end of its validity and the lessor receives a monthly fee for the rental. It can also be noted that it offers some tax benefits.

Some common examples of assets “rented” using leasing are:

Cars, trucks and heavy machinery.
Industrial equipment, factory machinery and specialized tools.
Definition of renting
Renting or commercial leasing also works like a rental. However, the lessee list of new zealand cell phone number only pays for the right to use the asset and does not have the option to purchase it.

Types of leasing
The rental or leasing contract only varies depending on the goods that are intended to be used. Below are some examples:

Vehicle leasing: includes maintenance costs, inspections and even tire changes.
Office equipment rental: This is very common for small businesses that want to expand.
Software rental: This includes the rental of specialized programs for different professions or financial management.
Features and examples
These contracts have a minimum duration of 12 months and a maximum of 72 months. The fees to be paid include payments for maintenance or inspections of the property. At the end of the contract, it can be extended or renewed. It is also possible to choose to return the leased property.

Cars are the most common items for which renting is most commonly used. It can also be used to obtain office supplies, computers, specialized programs and tools for particular projects, among other examples.

Main differences between leasing and renting
Now that we know what leasing and renting are, we can compare their characteristics and differences: