One variant of leasing (known as
operational leasing in other countries) is what is known as "renting" in Spain.
This is now often used to finance company vehicles, and purchase IT equipment.
In the case of vehicles, the monthly charge includes all
maintenance costs, insurance, change of tyres etc. The vehicle is usually
returned to the renting company at the end of the contracted period, but can be
purchased at a fair market value.
IT equipment, including
hardware and software, can be supplied under a renting agreement. As with
vehicles, all maintenance costs are included, although In this case the
equipment can be purchased for a small charge at the end of the period.