It has always been cheaper just to go with an owned license and renew when necessary than to keep renewing a leased license. I personally think that anyone should just go for the owned one if they plan on running the forum for more than 2 years, because after that a leased license is just a huge amount of extra cost. But yes, it's expensive simply because, to a much extent renewing a leased license is the same as buying a whole new leased license.
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