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Buy or lease farm equipment: What's right for you?

  • 7 min watch

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.

Highlights

  • Most people choose to buy rather than lease farm equipment
  • People usually choose leases for tax purposes, but often 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 customer needs before recommending leasing or buying
  • Use FCC Equipment Loan and Lease calculators to help you make decisions

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