View Single Post
Old 02-18-2011, 08:48 PM
mowerbrad's Avatar
mowerbrad mowerbrad is offline
LawnSite Fanatic
Join Date: Jan 2008
Location: Grand Haven, Michigan
Posts: 6,273
So it's $3000/year to lease the mower. What would that same mower go for if you actually bought the mower?...$9000?

Lets do the math...a new mower costs $9000, that's the same price as leasing that same mower for 3 years. Now in that 3 years of leasing what do you have to show for it, absolutely nothing. But in that same 3 years of actually owning the mower, you would be able to sell the mower for probably $2500 at the end. So that would mean that your total investment in that mower if you bought it an then sold it after 3 years would be $6500. Even if you spent $1500 in maintenance costs in that 3 years of ownership, you total investment would still be only $8000, that's $1000 less than leasing.

Now I don't go to Weingartz, nor do I know anything about this program, but what all do they cover for repairs/maintenance? Do know for certain you don't have to pay for maintenance, will they cover the cost should you "blow-up" an engine? What about if you crack the deck, will they cover you then?

Sure, it'd be nice to have a new mower every year, but it just isn't economical to lease when you would spend significantly less money than just flat out owning a mower.
'07 Chevy 2500HD
2010 John Deere Z925A 54" MOD
2011 John Deere Quik Trak 647A
John Deere walkbehind
81"x18' trailer
Stihl handhelds
Reply With Quote
Page generated in 0.03838 seconds with 8 queries