- You do not have to use your capital and are able to structure your purchase of equipment suit your ongoing cash flow
- All rental instalments are 100% tax deductible
- End of term $1.00 buy out.
- Continue renting on a month by month basis at a reduced rental
- End of term upgrade the product OR return the product with no more to pay
Rental details: Important To Read
Example of why RENT is less than the purchase price.
As noted, the rental agreement has a $1.00 buy out at the end of term.
Lets use a purchase price for a product of say $3,800.00 Ex' GST
A 60 month rental would be $101.65 Ex' GST
When customers look at the rental figure, they often multiply the rental term
e.g. 60 x $101.65 = $6,099.00. However that procedure is incorrect
As all rental the rental installments are 100% tax deductible at the end of the 60 months you will have paid less than the purchase price of $3,800.00. |