Leasing – purchase of property or the equipment without the need for introduction of initial payment of 10% of cost. It is quite real to receive necessary property almost at once as the contract will be signed. The total cost of a subject of leasing can be paid throughout long time – of five and more years. And concerns many in what difference of leasing from the credit.
Difference between leasing and the credit
It is necessary to carry out some comparison of leasing and the credit. The leasing company independently selects necessary property of the leasing contract that is essential plus. Can be property, both the car, and the enterprise and so forth. This type of work is assigned to themselves by professionals with wide experience. Also employees of the leasing company process the relevant documents, an insurance and permissions. The client himself can choose insurance conditions, convenient for it. Thus, process of execution of the contract goes much quicker.
The credit and leasing – in what a difference?
For example, the person buys the car in leasing. And so exclusively leasing company is engaged in its service: technical inspection, insurance, etc. All this because the subject of leasing is the property of the company becomes while the relevant contract works.
Until object of leasing is redeemed, it will be considered as the property of the leasing company. The leasing company gets subject of the contract, makes out it on itself then leases to the client – that is the client is not an owner while uses a subject for rent. But in end of term of rent the client becomes the full owner. In it there is an essential difference of leasing from the credit and rent.
Not many banks will agree to change the amount of payment unlike season. And in the leasing company takes place to be a seasonal factor.
"