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MA Accounting
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Hi

I think everyone has pretty much outlined what some of the negatives and positives are for leasing and buying.

You say you will be renewing your equipment every 2-3 years? How easy will it be to dispose of the equipment at that point in time? As previously stated it is sometimes much more of a hassle to donate or sell an item of equipment than to just throw it in the bin.

If you talk to your accountant you can prepare some analysis to look at the cost of both option. You also need to consider if the lease covers maintenance and ideally scheduled preventative maintenance and compare those costs to arranging for the maintenance yourself.

In your case, you need to consider the financial and non financial implications in order to make the right decision.

Thanks
Mena