Ownership
You do NOT get automatic ownership of the goods or equipment that was discounted / financed on a rental agreement, because you are allowed the Tax deductions.
It is, however, possible to get ownership (discussed hereafter) of the equipment after having paid the last installment. (In the event of a Lease agreement, you get automatic ownership of the goods / equipment / vehicle after payment of the last installment on your lease agreement to the bank.) Equipment financed in this way is therefor RENTED and not bought, as is commonly accepted. This makes a big difference when it comes to ownership. You are NOT “paying off” the goods, but merely RENTING it from the Bank / Finance House.
Should you wish to obtain ownership of the goods afterwards, you may negotiate this with the Bank / Finance House and/or the Dealer / Supplier. Ownership is therefor vested in the Bank / Finance House for the duration of the rental agreement.