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Equipment Buy Vs. Lease Calculator

Spring time and planting season are behind you. Did the equipment survive? Harvest Season will be hear soon enough. Are you in need of new equipment to bring in the crops?

Or maybe you need to replace the van for your plumber or electrician business.

One thing that farmers and tradespeople know is that to get the job done you need reliable equipment.

How to finance the purchase is a major issue. The two most common options are borrowing funds to buy the equipment or leasing equipment from the supplier or through a third party.

Read our blog post to learn more about lease vs buy and also learn about capital cost allowance and how it can affect your decision.

To discuss the above calculations and ensure you’re considering all the options for your specific situation, call us today at 1-800-265-1002 or submit an online form and an FBC tax specialist will contact you at your earliest convenience.