Which of the following factors should NOT be considered when determining leasing options for equipment?

When evaluating leasing options for equipment, the timing of the year for leasing is not a critical factor in the overall decision-making process. While it might seem practical to consider seasonal factors or timing, the fundamental aspects that truly impact the effectiveness and financial viability of a lease are more closely related to the financial implications and the utility of the equipment.

Cumulative rental payments over the estimated period of use are essential as they directly relate to the total cost of the lease and help determine whether leasing is more advantageous than purchasing outright. Availability of purchase options is also crucial because it provides flexibility for future decisions regarding the equipment. Lastly, potential obsolescence is key in industries where technology evolves rapidly; understanding how likely the equipment is to become outdated affects both the cost-effectiveness and the strategic planning for the organization's needs.

Thus, while time of year might hold some tangential relevance, it does not carry the same weight as the other considerations when making a well-informed leasing decision for equipment.