Leasing vs. buying equipment
Abstract
"Traditionally farmers have found it to their advantage to credit finance rather than lease farm equipment. There are, however, situations where leasing is a viable alternative. Lease plans are available for larger machinery items, irrigation systems, and semi-portable buildings such as farrowing houses or calf barns. This guide reviews the important factors that you should consider in evaluating a financial lease. The guide also shows how to compare the cost of a lease with the cost of a creditfinanced purchase. The term lessor is used to refer to the company or firm who owns the equipment. The term lessee refers to the user of the leased equipment."--First page.
Rights
Archive version. For the most recent information see extension.missouri.edu.
OpenAccess.
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License.
Provided for historical documentation only. Check Missouri Extension and Agricultural Experiment Station websites for current information.