Financing - Dollar Buyout.

Dollar Buyout

How it Works

  • Lease equipment for set term at fixed monthly payments  
  • At disposition, you can purchase the equipment for one dollar
  • If you plan to keep your equipment for a long time, this may be the ideal option for you

Benefits

  • You can claim the interest expenses
  • Equipment can be shown as a company asset​
  • You can deduct the purchase price of the trailer(s) as a business expense in the first year

Example

Unit2020 Utility 3000R w/o unit = $54,000
Term72 Months
Residual$1
Rate6.25%
Monthly Payments$901
Total Interest$12,241
Total Cost$64,872
(*Illustration only. Based on approved credit.)