Buy or lease farm equipment: Which option is right for you?

Deciding whether to buy or lease farm equipment can be a difficult decision. Lance Stockbrugger explains the differences between buying and leasing in this video.

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Video Highlights

  • When it comes to farm equipment, most people choose to buy rather than lease
  • In most cases people choose leases for tax purposes, but often times purchasing equipment is the better tax decision
  • Leasing is a great option if you plan to turn over your equipment frequently or need expendable cash flow
  • Dealers should understand the needs of their customers before recommending leasing or buying
  • Looking for more information? Check out FCC equipment lease and equipment financeoptions. Or, call 1-800-510-6669 to chat with us today.