Question

What trends are occurring in the leasing industry in my specific area?

Answer 1

Some surprising trends in the lease industry as phones, bikes, books, fitness equipment’s, sports, pets, solar panels, gardens, parking spaces, boats, cameras, gadgets, appliances, driveways and furniture, etc., are goods which people are often driven to lease. Economy is affected people’s purchasing power and commodities to be purchased, now people prefer leasing than purchasing commodities with giving an entire amount.
Business is eligible to lease anything. Whatever people want, which they cannot afford to purchase, they can lease the commodity. In the past decades, leasing was considered to be taken only for immovable goods like, land or bigger goods like transport vehicles and business related commodities, as such goods are sometimes not affordable by giving an amount altogether. But now with the changing times and trends, smaller commodities like cell phones, gadgets, etc., are also available on lease basis