The Turf Guru


Buying vs. Leasing
November 23, 2009, 1:57 am
Filed under: Uncategorized

When thinking of getting a new piece of equipment there is a lot more to consider then one might think at first thought. And these days when you are getting equipment you have such a big selection to choose from. It can get tough at times when looking for a certain type of machine for the best deal. After you finally pick out the machine you want and decided that you are going to go either new or used  the next decision is to buy or lease this piece of equipment. 

There are a lot of pro’s and con’s to both buying and leasing a piece of machinery. A nice perk of buying is that it’s yours and you can do whatever you with want. But then again when a newer model comes out  it is a lot more difficult to upgrade if you don’t have a leasing agreement. Also with leasing it improves cash loan, conserves credit loans and probably the biggest factor it conserves capital which is a really nice feature with the economy the way it is. However with buying you don’t have any long term money commitments. And you’ll most likely have the piece of machinery for awhile so you’ll develop a nice comfort level with it. 

It really all depends on the money your golf course has and what type of a machine you are going to get. Leasing is the way to go I believe because the pro’s out way the con’s. And with people not playing as much golf as they have in the past capitals are lower and where you can conserve money we need to. 

 

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