List and explain the three pros and three cons of owning. List and explain three pros and three cons of leasing. Using a context from within your own organization as an example, justify why you think your organization should engage in leasing or owning specific equipment.

Discussion

For our second discussion question, we will explore the question of should you lease or own equipment? Some organizations never lease. Some never purchase if they can lease. You get to decide which you would rather do. Yes, many do both and you can as well.
List and explain the three pros and three cons of owning.
Likewise, list and explain three pros and three cons of leasing.
Using a context from within your own organization as an example, justify why you think your organization should engage in leasing or owning specific equipment.