Leasing and Maintenance of Leased Assets

D. N. P. Murthy () and Nat Jack ()
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D. N. P. Murthy: University of Queensland
Nat Jack: University of Abertay Dundee

Chapter Chapter 9 in Extended Warranties, Maintenance Service and Lease Contracts, 2014, pp 239-264 from Springer

Abstract: Abstract As discussed in Chap. 1 , individuals, businesses and governments use a variety of engineered objects (products, equipment, plants and infrastructure) in their daily operations. The traditional approach has been to acquire an object using one of the following two methods: (1) Sale for cash: outright purchase. (2) Conditional sales contract on a deferred payment plan. There is a growing trend towards the use of alternative means to derive the benefits of an object using one of the following two methods: (1) Lease without an option to purchase (may also include a renewal option). (2) Lease and final purchase.

Keywords: Maintenance Service; Lease Contract; Lease Term; Renewal Option; Lease Agreement (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ssrchp:978-1-4471-6440-1_9

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DOI: 10.1007/978-1-4471-6440-1_9

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