Thier are advantages and disadvantages to both. thier are different kinds of leases out thier with some you never own the euipment and are able to upgrade more often. Some leases are structured where at the end of the term you pay a buyout fee that may be as low as $1 and then you own the equipment. Thier are also many tax advantages to leasing you are able to write of a majority of the payment where as with a
loan you can only write off depreciation and interest. I prefer to buy because the interest rate I get at my personal bank is lower, I don't have to have money up front and I'm free to pay it off when I please. Some leases do not give you an advantage to paying off early so thier are no interest savings. If you buy you can still upgrade by paying off the equipment and selling it or trading it in for new. You should check with your accountant and shop around for the best options and rates. Hope this helps