Re: [PLUG] To buy or to lease

[john@essenz.com]

To be honest, I think it was an error on the HP site. Almost all vendors 
do the leases as $1 buyout, so the lease is effectively like financing it. 
The total of payments will far exceed the value, its probably just a bug 
on their site. 


----------------------------------------------------
>From : Mag Gam <magawake@gmail.com>
To : Philadelphia Linux User's Group Discussion List 
<plug@lists.phillylinux.org> 
Subject : Re: [PLUG] To buy or to lease
Date : Sun, 14 Dec 2008 01:59:03 -0500
> I noticed on some vendor sites, HP for instance, I can buy a server
> for 20k, but lease it for 48 months for $100 dollars.
> 
> $100 x 48 = $4800
> 
> 
> After 2 years the equipment would be obsolete anyway. Is this flawed 
logic? 
> 
> Also, can't you write of deprecation for equipment owned, since its an
> asset? But how would you value an asset to market value? Its not like
> a bond or equity, its equipment. Its very subjective.
> 
> 
> 
> On Sat, Dec 13, 2008 at 8:08 PM, Brian Vagnoni <bvagnoni@v-system.net> 
wrote: 
> > ----- Original Message -----
> > From: Mag Gam
> >
> >  At my company we are planning budgets for next year and due to the
> >> horrid economy I would was wondering if it was cheaper to lease
> >> equipment (servers) for 2 years, buy new or buy used? I am slowly
> >> leaning towards to lease side, since we almost always get extra
> >> "services" such as parts and labor.  Any thoughts?
> >
> > ----------------------------
> >
> > I'm no accountant by any stretch of the imagination but my 
understanding is that if you lease it's a write off. Where if you purchase 
it's capitol equipment. I could be wrong you should check with the bean 
counters for the best method. 
> >
> >
> > --------------------------------------------------
> > Brian Vagnoni
> > PGP Digital Fingerprint
> > F076 6EEE 06E5 BEEF EBBD  BD36 F29E 850D FC32 3955
> > --------------------------------------------------
> >
> >
> >
> > [mailto:magawake@gmail.com]
> > To: Philadelphia Linux User's Group
> > Discussion List [mailto:plug@lists.phillylinux.org]
> > Sent: Sat, 13 Dec
> > 2008 19:20:26 -0500
> > Subject: [PLUG] To buy or to lease
> >
> >
> >>
> >>
> >> TIA
> >> 
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