Leasing

Tired of spending money on rentals? Want to purchase equipment but don’t have the funds?

Leasing is an excellent option when it comes to purchasing equipment. Below we give an example of just how much leasing can save you while allowing you the opportunity to eventually own the equipment. We use a 60’ boom lift with a low rental rate of only $2000.00 a month in the example below. Though there are many lease options available, the example below is based on the $1 dollar buy-out option.

Example: 2000 Condor T60 with a purchase price $16,900.00.

Rental		Lease
60’ Boom Lift Monthly	$2000.00	60’ Boom Lift Monthly	$413.20
Rental total for 5 years	$120,000.00	Lease total for 5 years	$24,792.20

Over a 5 year period you would have saved $95,207.80 in rental cost and own the 2000 Condor T60 boom lift for a dollar by leasing to own. The monthly lease payment in the example above is an approximate monthly payment, subject to credit approval and may vary at the time of application for credit.

Contact The Equipment Station if you would like more information on leasing.