To view blog as a video, click here. Today’s topic is how to negotiate out of an equipment lease. First, be clear that if the lessor does not want to let you out, you will be stuck making payments until the lease terminates. Also be clear that you need to give notice of termination the […]
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Leasing: The Evergreen Clause
To view blog as a video, click here. Today’s topic is equipment leasing and the “Evergreen Clause.” If leases weren’t bad enough already, most leases have a little trick in them called the “Evergreen Clause.” This clause can substantially increase the rate of return for the lessor, and at your expense. Unlike a loan which […]
Implicit Lease Rate Calculation
To view blog as video, click here. Today I’m going to show you how to calculate the implicit rate of interest on lease by using a loan amortization program. The program that I use is called T-Value, and can be purchased at www.timevalue.com for about $150. Before running the program, you need to determine the […]
Leasing: Determing the Actual Cost
To view blog as a video, click here. Today we’re discussing what goes into determining the actual cost of leasing. The actual cost of leasing can be incredibly deceiving. Unlike many consumer transactions which require disclose of Actual Percentage Rates (also known as APR), a lease, by its form and nature, does not have an […]
Equipment Leasing: Overview
To view blog as a video, click here. Today, I’m giving you an overview of equipment leasing, starting with the benefits, followed by the potentially substantial downsides. To lease or not to lease. That IS the question! Generally speaking, I advise my client to never lease to have to, or unless they a compelling reason. […]
Equipment Leasing: Introduction
To view blog as a video, click here. Today’s topic is an introduction to series on the topic of Equipment Leasing. To view blog as a video, click here. I once met a consultant who was in the business of helping companies get out of bad leasing arrangements. Prior to that, he was in the […]