A decent used skid steer will cost you anywhere from $10,000 to $40,000.
In the $15,000 range you're usually looking at a model that's ten or so years old, while at the top of the range, you're usually looking at some equipment that's newer.
When people ask about leasing construction equipment, often they mean "rent" construction equipment.
The distinction between renting and leasing in equipment is pretty much the same as for a car.
- Renting Equipment typically means for very short term, as in days, weeks, or months.
- Leasing Equipment is just like with a car: you essentially take ownership, but with lower payments than a full purchase, and after a few years you can give the equipment back or keep it for a "residual."