Also called a financial sale

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 it allows for the benefits of flexibility as payments are spread out to a period of several years, often the equivalent of the actual cost of the equipment or property. Dre Beats

A common misconception is that payments made for a finance lease equals to ownership, but this is not always true. Nevertheless, the lessee does have the option to purchase the property after the lease expires, for a significantly much lower percentage of the actual cost. Dr Dre Headphones

This kind of lease, however, is not suitable for individuals who wish to acquire rapid tax benefits.

Also referred to as a tax lease, this is the better choice when one wants to have rapid tax benefits.

It is also advantageous to professional institutions, as the lessor still remains the owner of the equipment, thereby trimming down costly investments when it comes to computers and other office-related gadgets that are prone to becoming technologically obsolete. Monster Headphones

You will get the advantage of lower monthly payments as compared to that of a financial lease, and in some instances, these could actually be tax-deductible. When the contract expires, the lessee is given the option of purchasing the property for a very minimal amount. Dr Dre Beats