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Old 01-27-2007, 08:27 AM
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okeefl okeefl is offline
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Leasing mowers??

Has anyone recently used a "lease program" for your mowers? I saw that Dixie Chopper has this type of program for 24 or 36 months...any thoughts or advice (pros-cons)
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Old 01-27-2007, 09:31 AM
Proscapez LLC Proscapez LLC is offline
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Thats funny! I asked my local dixie chopper shop about lease's last month, and he claimed no one lease's mowers.
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Old 01-27-2007, 09:42 AM
GreenN'Clean GreenN'Clean is offline
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Id rather buy then to lease. I own all of my equipment,trucks,trailers,etc free and clear and I prefer it that way.
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Old 01-27-2007, 09:57 AM
Lynch Landscaping Lynch Landscaping is offline
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I would never lease a mower.
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Old 01-27-2007, 11:10 AM
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jtkplc jtkplc is offline
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Quote:
Originally Posted by Lynch Landscaping View Post
I would never lease a mower.
why wouldn't you?
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Old 01-27-2007, 11:44 AM
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Josh.S Josh.S is offline
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Quote:
Originally Posted by okeefl View Post
Has anyone recently used a "lease program" for your mowers? I saw that Dixie Chopper has this type of program for 24 or 36 months...any thoughts or advice (pros-cons)


What kind of cost per month are we looking at?
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Old 01-27-2007, 11:50 AM
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PORTER 05 PORTER 05 is offline
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sure you can lease mowers, i think Exmark has a link to it on their website, when i went to buy my 06 Exmark W/B, i bought it cash but when i got in there the owner of the shop was going through all this paper work and it was for me to lease it, but i told him i was going to pay cash, sopose he dint lisen to me on the phone....he told me it was about $90 a month for 24 months with $1000 down for a 06 Exmark Metro W/B,,,,i know a guy that leased a Toro W/B for about the same price, i dont see why tis bad, and its wat im going to do in the spring for my next Exmark Metro W/B.minds well have the lawns pay for the machine
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Old 01-27-2007, 12:35 PM
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Richard Martin Richard Martin is offline
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Lease programs for mowers don't usually work the same way as a lease program for a car or truck. With a car or truck you have the option of returning the vehicle at the end of the lease or buying it. With most mower leases you buy the mower at the end of the term for one dollar (or whatever) and the mower is yours. It's treated by the IRS as a finance and not a lease and recovery is still due if you sell the mower.

I bought my 36" Exmark from www.telmark.com back in 2000 on a lease.
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Old 01-27-2007, 01:37 PM
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okeefl okeefl is offline
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I am not sure of the specific costs involved, just surfed onto last night while doing some research. This site is a wealth of information so I thought I would see what you guys/ gals knew about it.

www.aefi.biz/default.asp (here is the site)
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Old 01-27-2007, 01:53 PM
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Lazer_Z Lazer_Z is offline
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I'm coming up on the one year mark with the lease on my Phazer and when I found out what I'd be paying per month I was surprised that it was less than I thought it might have been. I did not have $5K+ just lying around and I wanted to upgrade to a rider so a lease was the best option for me. I may do it again depending on what is being offered at the time in the form of interest rate % and X amount of time for the lease.

I don't know if putting money down would have made any difference in what I'm paying. If I do lease another machine I'd most likely put something down.

Rob
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