Thread: lease vs. purchase
06-13-2000, 10:06 AM #1tmr91Firehouse.com Guest
lease vs. purchase
Which is better? Leasing new trucks or purchasing them? does anybody have good or bad points? Would you ever go back to doing one or another?
06-19-2000, 03:30 PM #2GbwiltFirehouse.com Guest
I work on my days off for a major fire apparatus dealer. There are good & bad sides to leasing, however, several of the majors have lease and "buy back" options that are worth looking at before you pay cash. Usally the interest rate on leasing is equal or less than what you can earn leaving it in investments with the State etc...
Give Pierce & E-One a call, and they will be glad to send you information. They are really competitve with each other.
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