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As long as the finance company holds the title, they effectively own the vehicle.
He had had his own ship and supplies already.
This allows you to not have to use loans and others outside sources for money. You can use the finance options that are your own instead.
Example (finance as a verb) : "My brother is a super chef who'd love to open his own restaurant but he has no way to finance it right now." Example (as a noun or field of study) : "The professor of economics gave a lecture on finance and credit."
Most car dealerships have their own financing departments where one can finance the purchase of a car. In addition, most banks and credit unions offer loans to finance a car, including a BMW.
In Their Own Words was created in 2007.
In My Own Words was created in 2005.
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An operating lease does not transfer the risks and rewards to you (lessee) at the end of the lease period where a finance lease does. So in affect the operating lease can be thought of as renting the asset while a finance lease can be seen as a finance option to own the asset.