The leasing assetThe leasing asset is the subject... More is the subject of the lease. This is the asset which the lessorOne of the parties to the... More purchases from the vendor and provides to the lesseeThe lessee is the user of... More under the terms of the lease.
Not all assets, which are sold may become leasing assets. The most important requirements for the leasing assetThe leasing asset is the subject... More are that it be a long-term asset, that it is of relatively standard make and that it may be easily repossessed if necessary. Lessors also prefer leasing assets whose ownership may be registered, as it represents the main collateral under each leasing deal.
The most popular leasing assets today are motor vehicles (cars, trucks, planes, trains, ships), which account for about 70% of the global leasing market. Other popular leasing assets are industrial equipment, agricultural equipment, construction equipment, and computer equipment.
