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Lease or buy?

Moderated by: Tom James, MOTman, martins, KevG

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relisys
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Joined:	Tue Aug 18th, 2009
Location:	United Kingdom
Posts:	30
Mana:

Posted: Thu Feb 11th, 2010 04:07 pm

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I bought my gear as over all it worked out cheaper than leasing.

You can depreciate items you own against your tax bill but not sure you can if leased.

whatever you do make sure what you buy has the best aftersales service. Call other garages who use the same kit and see how they rate the aftersales service. Nothing worse than having to cancel tests tests because repair/service guy failed to show up.

I would suggest that you do not buy Trademaster, I found their aftersales service to be rubbish

nightcruiser
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Joined:	Fri Dec 7th, 2007
Location:
Posts:	6
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Posted: Sat Feb 6th, 2010 10:55 pm

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Hi guys.

I've just been granted princible approval to install class 1 & 2 VTS.

But a little confused what the best or most favourable method of buying the equipment would be.

Do i lease - buy - small business loan or other?

I'm planning to have the equipment from RS Workshop Equipment.

Some friendly advise would be helpful

Regards Dave.

Last edited on Sat Feb 6th, 2010 10:56 pm by nightcruiser

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