Leasing may offer more flexibility than purchasing gym equipment, however, buying equipment gives you ownership. It's really up to you as to which method you prefer. There may be tax benefits for either leasing or purchasing gym equipment you will want to consider as well. The pros and cons of purchasing vs. leasing gym equipment rest around ownership. While owning your own equipment gives you ownership. It's unlikely that your equipment will ever be worth more than you pay for it. If you plan to upgrade often, leasing may be a better option. Leasing can allow you to make upgrade exchanges easily. One downside to leasing is you are typically not allowed to make alterations or customizations to any of the equipment because you do not own it. Ultimately, there are pros and cons to each prospect and your final decision should work best for you.