buying or leasing?

[Bucey]

when considering the two, which are the advantages?

How often would you change or upgrade to a new TM?

I have been thinking about buying a used one, but it may make more financial sense to buy or lease in respect to tax benefit.

What can I learn form these three options?

Thanks

 

[Dolly Llama]

when considering the two, which are the advantages?

How often would you change or upgrade to a new TM?

I have been thinking about buying a used one, but it may make more financial sense to buy or lease in respect to tax benefit.

What can I learn form these three options?

Thanks

I'm not a financial guy..
but don't go by the advertised lease price when counting beans .
find out what the actual out of pocket monthly payment is once property tax and fees are added
it will be substantially higher


..L.T.A.

 

[Fred H]

If the lease is structured so that you buy the machine for 1 dollar at the end,it is treated the same as a purchase, and you get the same tax treatment. I am in such a lease and I take depreciation on the machine in addition to operating expenses, plus the difference between the purchase price and the total lease payments, are deducted as interest paid. I was able to qualify for a lease, but not a purchase when I needed a new machine.

 

[Able 1]

If you lease it, you will probably end up paying close to DOUBLE the sticker price...

 

[Chris A]

If you lease it, you will probably end up paying close to DOUBLE the sticker price...

X2, coming from somebody thats done it, never again...

 

[Mike Nummer]

The best way is just to buy it. You don't have to worry about anything later.