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In this video tutorial, Brim discusses the pros and cons of leasing versus conventional financing for construction equipment. The choice between the two methods depends on individual circumstances and how the lease is structured. For instance, if a person will soon receive a large cash inflow, they might prefer financing to manage that money effectively. Conversely, if someone has been renting equipment and can lease it for a similar cost over a longer term, leasing may be the better option. The importance of understanding the specific terms of each lease is emphasized, as they can vary significantly.