Skid Steer rentals / leasing

[Mick76]

Originally Posted by bigz64

its more per month but the write offs in Canada are better with a lease/rental than to buy the machine outright.

Can you explain this? just curious......

[bigz64]

Originally Posted by Mick76

Can you explain this? just curious......

for newer machines/trucks its not that different but if your to buy used 100% of the rental/lease payment is a write off which includes intrest and sales tax. a used machine (depending on year) will already have a lot of the original depreciation removed (unless you fibbed the purchase price). nit then again i do short lease terms 2-3 years

lease doesnt affect your credit rating as its a long term rental

also depends on where you get your machine loan if you choose to buy, some lenders will have in their fine print if your industry is failing or in a slow period they have the option to ask you to replay the loan in 30, 60 days. leases dont do that

[Brant'sLawnCare]

Originally Posted by jmmay82

where di you get that quote from?

St. Lawrence Equipment in Hartford, WI. Real nice guys there. A very small dealership.

[Dstosh]

Paid 1500 Month for a S250 two years ago and 1800 a month for a 246c last season

[Brant'sLawnCare]

Originally Posted by Dstosh

Paid 1500 Month for a S250 two years ago and 1800 a month for a 246c last season

Which machine did you like better? I hear Cat has some great leasing deals here...