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Leasing and Maintenance of Leased Assets

In: Extended Warranties, Maintenance Service and Lease Contracts

Author

Listed:
  • D. N. P. Murthy

    (University of Queensland)

  • Nat Jack

    (University of Abertay Dundee)

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.

Suggested Citation

  • D. N. P. Murthy & Nat Jack, 2014. "Leasing and Maintenance of Leased Assets," Springer Series in Reliability Engineering, in: Extended Warranties, Maintenance Service and Lease Contracts, edition 127, chapter 0, pages 239-264, Springer.
    • Handle: RePEc:spr:ssrchp:978-1-4471-6440-1_9
    DOI: 10.1007/978-1-4471-6440-1_9
    as

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