Operating lease vs finance lease explained

	Operating lease	Finance lease
Ownership	No (you return the asset at the end)	Yes (you can usually buy the asset for a small fee)
Monthly cost	Lower	Higher
Maintenance	Usually included by the lessor	Your responsibility
Balance sheet	Off-balance (until 2026)	On-balance sheet
Tax benefits	Payments are tax-deductible as expenses	Claim capital allowances and interest deductions
Flexibility	Easy to upgrade or return the asset	Long-term commitment
Best For	Short-term use, tech, or vehicles	Long-term assets you want to own