However, this is not the same as a credit extension, since the buyer does not technically own the item until all payments have been made. On the other hand, in the case of a lease, the lessee may, at the end of the lease conditions, return the asset to the lessor, the owner of the asset. If the lessee and the lessor do not agree to renew the lease, the lessor must find a buyer for the depreciated asset or negotiate with another willing lessee to withdraw it. However, most lessees know that over time they will pay more for the asset, so depreciation will also be taken into account. Since HPs and leasing are both lucrative sectors for suppliers, there are many financing and leasing options for consumers. . . .