Checklist Leasing vs Purchasing

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LEASING VS. PURCHASING EQUIPMENT COST LEASE PURCHASE What is the required down payment for the lease or loan? What is the length of the lease or loan? What is the monthly payment of the lease or loan? Are there balloon payments associated with the lease or loan if any? What is the amount of the balloon payment? What is the cost of an extended warranty if purchasing one? What is the total cost of the lease or loan (including maintenance and warranties) over its lifetime? CASH AVAILABILITY LEASE PURCHASE Is there sufficient cash flow to handle the monthly lease or loan payments? (Answer yes or no.) Are mai

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