The reasons for leasing vary from one customer to another. Yet, for many companies, the three biggest influences are:
The decision made by many executives to recognize that economic asset use, not asset ownership, is more important.
Now more than ever before, the preservation of internal cash and liquidity to be available for higher yeilding investments and unforeseen circumstances.
Tax Benefits. Lease payments for a business are considered operating expense and can be fully tax deductible.