hello everyone,
i searched to see if there was a previous post on this but had no luck.
as many of you i want the new nikon d3. i was wondering if i should spend the $6099 CAD price and buy it or just lease it for $213 p/month on a 36 month term.
i know that sometimes its smarter to lease things that depreciate and if you lease your equipment you get better tax beneifits.
what do you do??
Full Version: lease vs purchase
Talk to your accountant about what has the greatest tax advantages.
Generally speaking you should lease when things depreciate rapidly (assuming the lease payment isn't higher than a financed purchase payment...which, in this case it looks like it is or it's darn near it) -- as long as you are not responsible for negative equity at disposal of the asset.
FWIW -- I would never lease camera equipment.
Generally speaking you should lease when things depreciate rapidly (assuming the lease payment isn't higher than a financed purchase payment...which, in this case it looks like it is or it's darn near it) -- as long as you are not responsible for negative equity at disposal of the asset.
FWIW -- I would never lease camera equipment.
QUOTE(danwatkins @ October 3 2007, 08:46 AM) 
Talk to your accountant about what has the greatest tax advantages.
Generally speaking you should lease when things depreciate rapidly (assuming the lease payment isn't higher than a financed purchase payment...which, in this case it looks like it is or it's darn near it) -- as long as you are not responsible for negative equity at disposal of the asset.
FWIW -- I would never lease camera equipment.
Generally speaking you should lease when things depreciate rapidly (assuming the lease payment isn't higher than a financed purchase payment...which, in this case it looks like it is or it's darn near it) -- as long as you are not responsible for negative equity at disposal of the asset.
FWIW -- I would never lease camera equipment.
thanks dan..
I lease my Canon 5d and 24-70mm L series lens. I get to write off 100% of the lease with no depreciation. I also lease my computer for the same reason.
QUOTE(jenniferimages @ October 3 2007, 08:55 AM)
I lease my Canon 5d and 24-70mm L series lens. I get to write off 100% of the lease with no depreciation. I also lease my computer for the same reason.
hello jennifer,
i think leasing may be my best option. did you lease your equipment through vistek??
thanks.
QUOTE(derrickrice @ October 3 2007, 08:57 AM)
hello jennifer,
i think leasing may be my best option. did you lease your equipment through vistek??
thanks.
i think leasing may be my best option. did you lease your equipment through vistek??
thanks.
Hello fellow Ontarians! I have been looking into leasing a 5D over purchasing it as well. Very glad to hear that you can write it off 100% with no depreciation. I have only found leasing avaliabilty at Vistek.
QUOTE(Lindsay Vanderbeek @ October 3 2007, 09:14 AM)
Hello fellow Ontarians! I have been looking into leasing a 5D over purchasing it as well. Very glad to hear that you can write it off 100% with no depreciation. I have only found leasing avaliabilty at Vistek.
hello lindsay,
are you a hockey fan?? sens vs leafs tonight!! i'm so pumped hockey is back.. 6-1 for the sens tonight!! go sens go!!
QUOTE(derrickrice @ October 3 2007, 09:24 AM)
hello lindsay,
are you a hockey fan?? sens vs leafs tonight!! i'm so pumped hockey is back.. 6-1 for the sens tonight!! go sens go!!
are you a hockey fan?? sens vs leafs tonight!! i'm so pumped hockey is back.. 6-1 for the sens tonight!! go sens go!!
Oh Derrick! The Sens are gonna get smoked tonight!! 4-0 Leafs!!
QUOTE(derrickrice @ October 3 2007, 08:57 AM)
hello jennifer,
i think leasing may be my best option. did you lease your equipment through vistek??
thanks.
i think leasing may be my best option. did you lease your equipment through vistek??
thanks.
Yep...vistek.
QUOTE(jenniferimages @ October 3 2007, 10:08 AM)
Yep...vistek.
awesome we just had a new vistek store open up here in ottawa.
thanks for the info.
Well...as much as I hate the thought of paying for my equipment for the next three years...I'm able to use the equipment now, which I wouldn't have been able to afford otherwise. Another great advantage to leasing.
Good luck. Let us know what you do.
Jen
Good luck. Let us know what you do.
Jen
QUOTE(jenniferimages @ October 3 2007, 02:46 PM)
Well...as much as I hate the thought of paying for my equipment for the next three years...I'm able to use the equipment now, which I wouldn't have been able to afford otherwise. Another great advantage to leasing.
Good luck. Let us know what you do.
Jen
Good luck. Let us know what you do.
Jen
Jen, do you lease your computer through Vistek as well? I have been looking to lease a Mac Book Pro and Apple's leasing programs seems mighty tempting...
No...actually Trevor, I have a computer guy here in Milton that set me up with a separate leasing company. (I have a pc...gasp, oh no)
I can get you the leasing companies info, if you should need it.
I can get you the leasing companies info, if you should need it.
QUOTE(jenniferimages @ October 3 2007, 04:04 PM)
No...actually Trevor, I have a computer guy here in Milton that set me up with a separate leasing company. (I have a pc...gasp, oh no)
I can get you the leasing companies info, if you should need it.
I can get you the leasing companies info, if you should need it.
Thanks Jen!
That would be much appreciated!
Canon Finance Australia offers: purchase of assets / rent / lease for canon equipment. Considering it for a body and putting the $$ Id spend on a body into glass - seems to be a longer term investment!
Does Canon USA do anything similar?
If the lifespan of DSLR's is say 2-3 years (depending how hard you flog them) then this seems to be a good option (leasing)
Jonathan
Does Canon USA do anything similar?
If the lifespan of DSLR's is say 2-3 years (depending how hard you flog them) then this seems to be a good option (leasing)
Jonathan
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