Posted by RodInNS on October 01, 2012 at 07:21:10 from (216.118.158.123):
In Reply to: Vehicles-leasing vs. buying posted by Buckeye Oliver collector on September 30, 2012 at 19:55:59:
Leasing at this point in time is probably only really effective for a business. Generally a lease payment can be expensed whereas a purchase has to be capitalized and depreciated. Sometimes it is an advantage to lease and expense it direectly. Sometimes not. For personal use where it can't be expensed... I don't see a lot of point to leasing unless you can get some kind of sweetheart deal that doesn't exist on an outright purchase or finance plan. I don't think there's many of those deals right now.
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Today's Featured Article - Fordson Model N: Field Service Operations and Lubrication - by Anthony West. The daily or weekly servicing of any vehicle is of the utmost importance, and in days gone by when our favorite tractors were doing an important and Commercially vital job on the farm, these service operations would make a major difference to the running costs and economy of the farm. This being so, it surprises me to see how many enthusiasts attending rallies, shows etc, seem to be unaware of the importance of this constant attention. Possibly the modern machine with its 6,000 mile or even once
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