The Lease vs. Buy Decision
From Feed and Grain Magazine - It’s time to replace an old truck or a large piece of grain handling equipment. Or, the office needs a new copier or computer equipment. How will you handle this decision? Will you take out a loan and buy the asset or will you instead just lease it? The financing of assets is an important business decision. However, although the lease or buy dilemma has been around for a while, oftentimes this decision is still not well understood or carefully considered. This month we will discuss some of the important factors to consider when faced with the buy or lease decision.