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YouInc.com

Posted by YouInc.com on 2013-10-02
Title: Manufacturing equipment. Lease or Buy?
Category: Money

Start: 2013-10-02
End: 2013-10-10

I need to purchase new manufacturing equipment. Is it better to lease or buy?

Melody McKinnon

Melody McKinnon
2013-10-07 14:39:00

Begin with the net cost of each (including tax deductions & resale value), your available capital, & the expected lifespan of the equipment. Then consider contract details like maintenance & how quickly the technology will become obsolete. It's usually safest, but more expensive, to lease.

Gillian daSilva

Gillian daSilva
2013-10-04 13:22:00

IMHO leasing seems reasonable. Buying seems like a heavy investment.