• Perpetual leases are used for both commercial and personal purposes - often for the purchase or lease of vehicles.
  • An indefinite lease of an apartment or house may be based on a monthly rental agreement between the landlord and the tenant.
  • In terms of flexibility, perpetual leases are usually less rigid than perpetual leases.
  • Closed care rentals may make more sense for regular consumers who want a car that will make regular trips of predictable duration.