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| HAVE EVERYTHING DOCUMENTED IN LEASE PAPERS!!!!!!!
Also, run a Net Present Value of the cash flow of a purchase versus lease payments...............and as Badger said, negotiate, negotiate, negotiate. You want to see the Price, lease rate/factor, buyout price EVERYTHING.......................................
I have done leases asnd purchases...........after all said and done it is cheaper to purchase if your ultimate goal is to end up with the machinery in the end, especially with the tax code now where you can use accelerated depreciation and/or cash expense (not correct term I know).
Would especailly do the Net Present Value cash flow to see which is cheaper, then consider other factors...
Good Luck!! | |
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Leasing.....the good, the bad, the ugly
