Leasing pros and cons

Does heavy equipment leasing work for you?

Leasing provides significant financial and operational advantages for equipment buyers. With lower monthly payments, it preserves business capital, making it a cost-efficient option compared to traditional loans. Additionally, leased equipment that supports business operations may qualify for tax deductions, further reducing taxable income. Leasing also offers the flexibility to upgrade to newer models more easily, ensuring businesses maintain a competitive edge without major capital outlays. The fixed monthly payments simplify budgeting, eliminating the need for large lump-sum expenses and providing a predictable, manageable cost structure throughout the lease term.

Leasing heavy equipment through makana.com offers a bunch of other benefits, compared to traditional financing. Here’s why leasing may be beneficial for your business:

1. Competitive pricing: Makana.com’s certified partners compete to provide exclusive leasing options, offering top-tier machinery with budget-friendly lease terms.

2. Guaranteed savings: Leasing helps secure cost-effective solutions, thanks to our large inventory, with up to 30% lower payments than typical loan repayment options.

3. Flexible lease terms: Our lease agreements can be tailored to fit your business needs, allowing for adjustments in duration, usage, and payment schedules.

Breakdown of lease payments:

• Machine value: Lease payments are based on the current market rate for the chosen equipment.

• Financing charges: Minimal charges for the duration of the lease cover financing costs.

• Taxes and fees: Payments include all required taxes and applicable fees, making it a comprehensive cost structure.

Key considerations:

• Usage limits: Lease agreements may have annual or monthly limits on mileage or operational hours. Exceeding these limits can incur additional fees.

• Damage repair: You are financially responsible for any damage to the equipment during the lease term, as specified in the agreement.

• Maintenance: Regular service intervals are part of the lease agreement, similar to renting equipment, which may impact operations depending on maintenance schedules.