juststumps
ArboristSite Guru
Thats a good point juststumps, thats what im gonna do but Ill have around 50-60k to play with, machine im looking at can cost as lil as 57k & as much as 65k depending on options.
buying used isnt all that bad & the worry of a monthly payment not being there helps!! If you can the best way to do it is to buy it outright, used or new!! no matter what you will profit from what you purchase unless its junk!!
most equip. co`s financing dept`s are a little hesitant to give out loans nowadays but if you have 70-80% down pay they love ya!!
LXT..........
go to your bank,, talk to them,,,manufactuers financing is a rip off... not like ford or chevy tring to give away cars at 0%..
if there is a COMMERCE BANK, close by.. check them out...
leased my 352 thru them... 22k after taxes,,,500 down for fees,, 100 buy out at the end of the lease... 440 / month fo 5 years....ends up costing 27k total.. 1 k per year hit...
could have paid cash,, but my 22k will be over 30k after 5 years...in the market...and i still have the new machine i bought...plus being 5k ahead of the game... always use somebody else's money,, if you can get a better return on yours... JMHO
one more thing,, a lease is a monthly deduction... i you by it, you have to spread out the depriciation over many years...
Last edited: