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Trading Equipment

Trading used equipment for new equipment may also be an option with specific rental companies depending on the type of equipment and the use, condition, and maintenance.

Leases often allow equipment upgrades or trade-ins during or at the end of the lease period. This can help you stay current with developments in the technology you're using.

This type of agreement must be made directly with an equipment manufacturer or supplier, not with a financing company. To secure the right to upgrade, an "equipment substitution clause" or "current equipment substitution clause" include these terms in your lease.

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