Lease or buy??

twok4hd · February 4th, 2009, 07:20 AM

I would be interested in hearing from the anyone that can give feedback on the pros and cons of leasing versus buying embroidery machines.

We have an opportunity to buy 3 Renaissance Cantares at an awesome price but since Prodigy bought Renaissance it is making us rethink our options. They have told us that Renaissance machines will eventually be obsolete and that software upgrades will not happen.

Robert Young · February 4th, 2009, 09:38 AM

This sounds like a question best discussed with your accountant.. they should be able to advise based on your current and projected financial condition which option would best fit YOU and your business.....

Nick Mattina · February 4th, 2009, 11:38 AM

if you contact me, I would be happy to tell you the different factors to consider when making this type of decision. Additionally, there are many lease products that you can choose from. For what its worth, about 85% of customers who we sell equipment to do lease to own.

twok4hd · February 4th, 2009, 11:53 AM

Nick, will you be at the ISS show in Orlando?