ERIC Number: EJ726823
Record Type: Journal
Publication Date: 2005-Sep-1
The ABCs of Technology Leasing: Get the Facts on the Pros and Cons of Leasing
Technology & Learning, v26 n2 p25 Sep 2005
Ownership means control. What one buys is easier to manage with respect to upgrading or getting rid of equipment that is no longer adequate for the job. Purchasing can put severe demands on cash flow, however, so sometimes the budget drives the decision to lease. Not surprisingly, leasing reverses the advantages and disadvantages of ownership. For many entities, it is easier to budget for smaller payments over time than a larger allocation for purchase. Loss of control is the greatest disadvantage; unfortunately, some leasing companies exploit this to generate extreme profits. For those who decide to lease, however, control can be increased by adding technology refresh and end-of-lease options. Here, the author discusses the pros and cons of technology leasing.
Technology & Learning, Subscription Department, P.O. Box 5052, Vandalia, OH 45377. Tel: 800-607-4410 (Toll Free).
Publication Type: Journal Articles; Opinion Papers
Education Level: N/A
Authoring Institution: N/A