Reinvesting in the Business
» Reinvesting in the Business, Volume 3, Issue 3, 2003
If respondent's business has business equipment AND prefers to purchase the equipment.
3b. What is the ONE most important advantage of purchasing over leasing? Is it that purchasing:?
| Response | ||||
|---|---|---|---|---|
| 1 | Lets you own an asset until you want to get rid of it | 23 | ||
| 2 | Is cheaper overall | 36 | ||
| 3 | Lets you avoid disputes over residual value | 3 | ||
| 4 | Puts assets on your books | 5 | ||
| 5 | Lets you alter or treat an asset as you wish | 29 | ||
| 6 | DK/Refuse | 4 | ||
| Total (%) | 100 | |||
| N | 636 | |||
Notes: Thirty-six (36) percent of the small employers who have business equipment and prefer to purchase business equipment rather than lease it say the most important advantage of leasing is that it is cheaper overall (Q#3b).
