Was looking at purchasing a used Skid Steer and found one that had 25 hours and almost new.It was 34000 so it was saving me over 7000 dollars from a new one. Called upteen lease companies and was quoted anywhere from 780 to 850 for a 60 month term. Called back today too work up my payments on a new one at 41000 and with a small down payment it was 750.00 amonth for 60 months. I am new too buying equipment . So I will ask. Why will not someone do a loan at a resonable rate. If I put the same small down payment and at 7% my payments would be only 650.00 I understand all tax benefits of a lease and this is why they are telling me it is more. Just wondering.