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Is Operational Lease the same as renting?

Is Operational Lease the same as renting?

Operational leasing is similar to renting a car. Both options involve using a vehicle for a certain period of time. However, there is also an important difference.

Operational Lease is a long-term agreement, usually for several years, while renting is often for shorter periods, such as days or weeks.

In short, Operational Lease is aimed at long-term and business use, while rental is usually suitable for short-term needs such as holidays or temporary staff.

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