Post #4194124
2026-07-22 04:20 UTC
Leasing is not renting
For tech stuff basically a financial entity buys the goods for you at full MSRP (they calculate a almost 100% depreciation over the term), then you pay that full price + interest over 48/60 installments, and when you’re done, they take the goods back and sell it back via some liquidator.
And because the financial entity bought the stuff for you especially to lease it, you’re contractually obligated to pay until the end of the contract, can’t just get it for a month and then be done with it
You paid $1200 to use something worth $900 for four years and then it’s not yours
Unless you’re a business and the accountant says that’s better for taxes, leasing something doesn’t make sense
Replies (1)
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@GoatSynagogue@lemmy.world 2026-07-22 08:26
I hope you’re not saying this in general terms, because leasing absolutely has its benefits even to individuals, especially for cars.