RE:RE:RE:RE:Leasing-Tax Deduction Customer-Constant capital flow PYRYou are likely right about the lease to own however I wouldn't rule out replacement. In 5 years they may have a better torch available with better technology and it may only be a 4 hour job to remove and replace the old torch assuming it bolts into the old one. Maybe pyro takes back and refurbishes and sells new one. Either way leasing may be a better way of selling more torches. The company may only want to spend a certain amount of money per year on lease vs spending on capital.
Lets say the company needs $1.5billion worth of torches but doesn't want to drop that all at once. Instead they pay $25-30 million per month in lease and get the tax write offs as well. Many companies may have the financial capability of leasing monthly but not outright buying. This may also drive them to have bigger purchasing power. Maybe they need $1.5billion in torches but can only afford $500 million through direct purchase. They lease them instead and end up with a monthly payment offsettable with profits. They now can buy multiple times more torches without significant upfront investment. Win win.