Work out the monthly payments Insert your purchase price (round to dollars) to the left and include any deposit amount to calculate the monthly payments from 6,12,18,24, 36 and 48 month payment terms.*
Claim the full amount of G.S.T at the beginning of your term and offset the cost of a 15% deposit.
Reduce profit tax as your purchase can be depreciated and that total then deducted from your tax bill.**
You are able to upgrade during the term, make balloon payments and settle early.
No deposit is available, but we generally require a 15% deposit for Lease to Own.*
At the end of the completed contract the equipment is yours.
The repayments are 100% tax deductible.
You are able to upgrade during your rental period.
The GST content is claimable from each payment.
Will not show as an asset as payments are treated as an expense.
You will not automatically own the equipment. Usually you would want to obtain new equipment at the end of your term and continue with a new Rental for new equipment.
Reduce the financial impact on your cash flow and purchase what you need by using Lease to Own or Rental finance options, to make your business grow.