mower purchases

Discussion in 'Lawn Mowing' started by llama, Aug 7, 2003.

  1. llama

    llama LawnSite Member
    Posts: 165

    do most you LCOs make monthly payments when buying equipment or do you use the 6 month no interest and pay the equipment off in the free time period? I am new to this industry but i made a conscious effort to pay my equipment off in less than 6 months in order to escape the interest charges.
  2. dvmcmrhp52

    dvmcmrhp52 LawnSite Platinum Member
    from Pa.
    Posts: 4,205

    Good business practice.
  3. With all the free financing out now, why pay for it all at once?
  4. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    my most recent purchase was I set it up on a plan no interest for 9 months and only a minimum monthly payment of $79.00.

    I was going to go for the no pay for 6 months, but I thought what the heck, go for the 9.

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