The concept of leasing is fairly simple, yet many consumers don’t completely understand. A lot of people see it as being similar to a “rent-to-own” scenario, but for some reason, on a much more sinister level.

While leasing certainly does have similarities to renting and rent-to-own plans, it’s far from being the same thing. In fact, leasing is a well-respected and common financial concept that has been used in the commercial world for decades as a method of financing buildings, equipment and vehicles — although it is still relatively new to most powersports consumers.

For more information on F&I and leasing, click here.