A Capital Lease is perfect for business owners that want to own their equipment 100% when they make the final lease payment. It is good for assets or machinery which will last a long time (over 5 years) and do not become obsolete quickly. This would apply to equipment like solar energy, LED lighting, industrial manufacturing machines, machine shop tools, construction equipment, work vehicles, trucks and trailers and aircraft for personal or business use. When you finance equipment with a capital lease, you can treat it as if you own it and depreciate it as well since it is understood that you plan to keep it.