Knowing the ins and out of leasing and purchasing construction equipment can mean the difference between profits and losses on a jobsite. Mistakes can be disastrous to the bottom line.
In this episode of The Dirt, we examine the pros and cons of leasing versus purchasing equipment, as well as how to avoid the pitfalls that can lead to excessive – and surprise – costs. Host Bryan Furnace interviews Allie Teague, leasing consultant at Caterpillar Financial Services, on a subject he gets asked about all the time: Should you lease or purchase equipment?
Teague walks viewers through the advantages and disadvantages of each option and offers some crucial guidance on the pitfalls to avoid. Her advice could save you thousands of dollars and sleepless nights.
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