|
Leasing
ECD now offers the ability to lease your profiling product through Ablenet.
If leasing is attractive to you, click here
to dowload your application and fax it to Sales at 503-659-4422. Please
send an email to ecd@ecd.com
and let them know that you are faxing in the application and let them
know the products you are interested in.
Typical prices and lease rates are shown below:
| Description |
MSRP
|
24 mo. payment*
|
36 mo. payment*
|
48 mo. payment*
|
| Rates on a $10,000 puchase |
$10,000
|
$518.54
|
$367.95
|
$293.26
|
* all payments are OAC, one payment in advance, $1.00 out residual at
lease end.
Leasing offers greater flexibility and more tax advantages than conventional
financing. Some of the options that are available with leasing are:
- $1.00 out: This option means that you will make steady payments
throughout the life of the lease and purchase the equipment at the end
for one dollar. This program has slightly higher payments than some
other options, but no balloon payment at the end.
- 10% FMV: This option lowers the payments during the term of
the lease, but still gives you the ability to own the equipment at the
end, or return it and replace it with newer, better equipment. This
is a great tool to protect against obsolescence. If you choose to keep
the equipment, you can own it for its "fair market value,"
normally figured to be 10% of the original equipment cost.
- Deferred or Step-Up Programs: For many different reasons, you
may put off the purchase of equipment because of seasonality, or cash
flow issues that will soon be resolved. In those instances a Deferred
or Step-Up program makes perfect sense. Most leasing companies will
allow you to defer the second payment* for 60 or 90 days, or make minimum
payments for up to 6 months while the equipment is generating revenue.
Alternately, you may choose a Step-Up Program, which would allow to
make small payments for the first year, and gradually increase the payment
throughout the remainder of the contract.
- Seasonal Program: You designate which 3 consecutive months
you would like to skip during the year and then the remaining 9 payments
during each year will be calculated based upon the determined rate factor
for the plan.
- T.R.A.C. Lease: This plan allows you to make lower monthly
payments than any other plan by increasing the balloon payment (residual)
at the end of the contract. Typically, these are figured at 20% - 30%
of the original equipment cost. You have the option of purchasing the
equipment for the pre-stated residual amount, or returning it and purchasing
new equipment. If yout choose to return the equipment, the leasing company
will sell it and the lessee will either realize a rebate or owe the
difference between the actual sales price and the pre-stated residual
that the contract was based on.
Please contact Jeff
Bob at Ablenet, 800-255-7430, if you have questions about any of the
programs, or which might work best for you.
|
