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Do the math...
and see why leasing is the better way.
Why lease a truckmount? New equipment means no downtime. Let's look at an example of leasing versus paying cash:
Cash |
|
Lease* |
$0 |
Payments |
$540 |
$25,000 |
Total Paid |
$32,400 |
$0 |
Purchase Option |
$2,500 |
|
|
|
$25,000 |
Total Cost |
$34,900 |
$8,250 |
Tax Savings |
$10,890 |
$0 |
Interest Earned |
$7,500** |
| |
|
|
$16,750 |
Net Cost |
$16,510 |
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Even if you don't invest your cash, you still have a new cost of $24,010 on a $25,000 machine. Leasing also provides tremendous flexibility:
- Deferred payments up to 120 days
- First six payments at only $100
- Seasonal payments - no payments for your three slowest months.
*On approved credit. Payments may be lower or highter. For purpose of the example, the truckmount package price is $25,000. True Lease (10% purchase option) 60 months.
**Based on investment of a 5-year bank CD.
Why not call so we can discuss
the lease/buy decision in greater detail?

Toll Free: 877-871-8500
Toll Free Fax: 877-871-5900
11015 47th Ave W
Mukilteo, WA 98275
© Copyright 2007, Hathaway Capital, Inc. All rights reserved.
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