Should You Lease or Purchase Your Equipment? | The Dirt #48

Knowing the ins and out of leasing and purchasing construction equipment can mean the difference between profits or losses on a jobsite. Mistakes can be disastrous to the bottom line.
In this episode of The Dirt, we examine the pros and cons of leasing versus purchasing equipment, as well as how to avoid the pitfalls that can lead to excessive - and surprise - costs.
Host Bryan Furnace interviews Allie Teague, leasing consultant at Caterpillar Financial Services, on a subject he gets asked about all the time: Should you lease or purchase equipment?
Teague walks viewers through the advantages and disadvantages of each option and offers some crucial guidance on the pitfalls to avoid. Her advice could save you thousands of dollars and sleepless nights.
Equipment World serves up weekly videos on the latest in construction equipment, work trucks and pickup trucks - everything contractors need to get their work done. Subscribe and visit us at equipmentworld.com!

[@musschootski]

Watching this again, need some need to know info.

[@T_157-40]

If you have a new business entity, to build credit with CAT, if entity pays 50-75% down and financing loan on balance, is that possible?
And what is the best Tax Write off path to go?
Is there any kind of investment tax credit or did all of that all go away with IRS?

[@braydenlowe1745]

You should visit the Massimo motor facility in Garland Texas USA!

[@rp1645]

You have talked about this on previous videos. How do you motivate the Employees to take care of a LEASED machine. Not let it sit and just RUN engine HOURS. How do you get the employees to CARE like it's there own machine.
Just keep the CAB'S clean. You have talked about a DIRTY operating station. Chew spit on floor, act, ect,

[@glennalehman7235]

I o.o