An agreement allowing temporary possession and use of a specialized vehicle typically employed on golf courses and in planned communities, in exchange for periodic payments. This arrangement differs from an outright purchase, offering an alternative financial commitment for access to the equipment.
Such agreements can be advantageous by mitigating the initial capital expenditure and shifting maintenance responsibilities to the lessor. Historically, these arrangements provided access to equipment without requiring a large upfront investment, fostering accessibility for individuals and organizations with varied financial capacities.
