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Lease vs Finance

Compare monthly cost, total cost, and ownership outcome of leasing versus financing the same equipment.

Applied to the finance option; leases are typically low- or no-down.

Term (months)

Example rate, editable — your real rate depends on your business and credit. (example, editable — TODO: confirm default)

20%

FMV residual for the lease comparison

Lease estimated $2,170 per month
$2,205
Finance / mo
$2,170
Lease / mo

Leasing is $35/mo lower — but financing ends in ownership.

$147,312
Finance total cost
$154,200
Lease total cost
$24,000
Lease buyout (FMV)

Which fits you? Leasing usually means a lower monthly cost and an easy path to upgrade — a good fit if you cycle equipment often or want to protect cash flow. Financing costs a bit more month to month but you own the equipment outright at the end, which suits keeping it for the long haul.

Estimates only. Not an offer of credit. Your actual rate and payment depend on your business and credit profile.

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