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    Key Advantages of Leasing an Asset

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    What are the key advantages of leasing as compared to borrowing to acquire an asset? What are the key disadvantages of leasing?

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    https://brainmass.com/business/leasing/key-advantages-leasing-asset-387761

    Solution Preview

    Leasing is generally more expensive than borrowing to buy, and FASB 13 has reduced the availability of off balance sheet financing. Leasing has thus continued to be popular as a result of the following points:

    - Down payment normally not required
    - Easy credit approval with mfg./lessor
    - Little or ...

    Solution Summary

    This solution provides a list of the key advantages of leasing an asset as opposed to borrowing to acquire it. The downsides of leasing are also addressed.

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