2 views Equipment Information Purchase price? $ Downpayment amount? $ Sales tax rate? % Purchase Option Loan term (months)? Interest rate? % Other fees? $ Annual depreciation? % Lease Option Lease term (months)? Interest rate? % Other fees? $ Residual value? % Printer-friendly version Purchase Option Monthly Payment Cash Flow P/L Expense Lease Option Monthly Payment Cash Flow P/L Expense Chart Table Cash Flow and Expense Comparison Option Cash Flow P/L Expense Purchase Option Lease Option Email Results First Name Last Name Email Address Phone Number Submit Does it make better sense to buy or lease a new piece of equipment? That depends on several factors, such as the residual value of the equipment you intend to purchase, the amount of money you pay up front as a capitalized cost reduction and the cost of financing. A lease will usually be a more attractive option when compared to an equipment purchase when measured over a comparable term. Keep in mind that with a lease, you will have to return the equipment at the end of the lease term, whereas if you buy, you will own the equipment and will be able to continue driving it after the term expires.