Buying or leasing a bed - tanTALK

Anonymous · 06-04-2003, 01:54 PM

I'm looking to open my salon in two months!
i was windering if I should buy or lease my beds. Are there benefits of leasing?

bucsfan · 06-04-2003, 04:09 PM

the one benefit to leasing is the tax write off but if you have the cash i would pay in full for them

engfant · 06-04-2003, 08:18 PM

Lease to own.

pam · 06-04-2003, 09:54 PM

You will pay more to lease. I have done both and prefer to buy if I can. I can pay it off early or pay extra on it. If you decide to lease, be very careful of the leasing company you choose. Take time to do a search of TanTalk on the subject to read about some other's experiences.

Pam

TANQUEEN · 06-04-2003, 11:35 PM

PAY CASH. BUY USED IF NECCESSARY. YOU WILL BE HAPPY YOU DID. HAPPY, HAPPY, HAPPY.LANA

robertthomas007 · 06-06-2003, 04:34 PM

Keep your money in your pocket. Make money with someone elses money.

redhot · 06-06-2003, 06:45 PM

Buy what you can, then lease the rest. The monthly payment is a write-off - but you pay alot more on a lease after all is said and done. But, sometimes it's all you can do - your only option. I had to lease my sunless unit because I didn't have $30,000 just lying around - but I really needed to get the unit. Leasing can be very tricky. You can get stuck paying extra money at the end of the lease if you're not careful, so read your contract VERY WELL. If you don't understand something, get an attorney to translate it for you. Don't trust your leasing agent to be completely upfront and honest about everything.

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06-04-2003, 01:54 PM	#1 (permalink)
Anonymous I'm Banned Join Date: May 12 1978 Posts: 30 Rep Power: 0	I'm looking to open my salon in two months! i was windering if I should buy or lease my beds. Are there benefits of leasing?

06-04-2003, 04:09 PM	#2 (permalink)
bucsfan Join Date: Mar 20 2003 Posts: 168 Rep Power: 22	the one benefit to leasing is the tax write off but if you have the cash i would pay in full for them

06-04-2003, 08:18 PM	#3 (permalink)
engfant Join Date: May 20 2003 Posts: 9,301 Rep Power: 29	Lease to own.

06-04-2003, 09:54 PM	#4 (permalink)
pam I'm Banned Join Date: Oct 29 2001 Location: USA Posts: 3,893 Rep Power: 0	You will pay more to lease. I have done both and prefer to buy if I can. I can pay it off early or pay extra on it. If you decide to lease, be very careful of the leasing company you choose. Take time to do a search of TanTalk on the subject to read about some other's experiences. Pam

06-04-2003, 11:35 PM	#5 (permalink)
TANQUEEN Waiting Confirmation Join Date: Aug 6 2002 Posts: 328 Rep Power: 0	PAY CASH. BUY USED IF NECCESSARY. YOU WILL BE HAPPY YOU DID. HAPPY, HAPPY, HAPPY.LANA

06-06-2003, 04:34 PM	#6 (permalink)
robertthomas007 Join Date: Feb 20 2003 Posts: 15 Rep Power: 0	Keep your money in your pocket. Make money with someone elses money.

06-06-2003, 06:45 PM	#7 (permalink)
redhot Waiting Confirmation Join Date: Jan 14 2003 Posts: 211 Rep Power: 0	Buy what you can, then lease the rest. The monthly payment is a write-off - but you pay alot more on a lease after all is said and done. But, sometimes it's all you can do - your only option. I had to lease my sunless unit because I didn't have $30,000 just lying around - but I really needed to get the unit. Leasing can be very tricky. You can get stuck paying extra money at the end of the lease if you're not careful, so read your contract VERY WELL. If you don't understand something, get an attorney to translate it for you. Don't trust your leasing agent to be completely upfront and honest about everything.

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