Page 38 - CSAM
P. 38

Understanding Business Models

Purchase                  Lease                           Rent

+-+-                                                    +-

Pay Less   High Capex     Mid-term     Low Capex  Limited use No Capex
Long-term  (pay upfront)  Lower TCO
                                                  No TCO
Own Asset  High TCO
           (maintenance
           )                                      Cheap short-  Expensive
                                                  term          long-term
           Depreciation
                                                  No Capex
           Change is
           not easy       Fixed price             Fixed price
                          Low Risk
           Variable                               No Risk
           price

           High Risk
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