Today leasing is very popular. Instead of buying your car, you can lease it. When the lease expires, you return the old car to the dealer and you can lease a newer model. One reason that leasing is so popular is that a smaller amount of money is required up front and monthly payments are low. This is a very appealing concept to many people.
We lease houses, mobile homes, apartments and even the things inside them. People lease steamers for drapes and carpet cleaners and floor polishers to keep their floors clean as new. If you cant afford to purchase all your appliances and furniture, you can lease them. Some homeowners buy a second house, fix it up and then lease it out to others. This can be particularly profitable if you have your second house at a desirable location, such as the shore or in the mountains.
We also lease things for their entertainment value. For a childs birthday party, parents rent clowns, ponies and magicians for hours at a time. Local pools can be rented for an afternoon, after regular pool hours or a day. Many restaurants offer space to lease for lunches for children. Some movie theatres provide space in the lobby area and special price...
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