By mellis13 on
Jul. 28, 2013
Jupiter,
FL,
United States
We are interested in buying a used sec 1504 or 1506 duel function embroidery machine. Please email me if you have one to sell.....mike@ palmbeachuniforms.com
There is 1 Comment
Re: Looking to Buy- SWF 1504df or 1506df
Contact lease funding sources, they all have Owners who aren't unable to make their payments. Lease Owner's can't sell their like new machines until after the end of first year of lease or want to get out of their leases.
Any leased machine you find for sale due to above circumstance willl most likely be like new, rarely used, Buyer's Remorse situation and in excellent condition with all attachments, hoops, etc.
Heads up though, unless default Owner's Lease had a sizeable down payment, you'd be better off leasing a New Machine yourself. Interest Rate on New versus Used, just like with Car, Boat, etc., is much lower for New versus Used.
Owner's of selling leased machines must sell above FMV in order to pay off lease, high interest rates charged on leased to those with cloudy credit scores make it almost impossible to sell, New Machine, out right Cash Purchase or Leased New is normally a better, lower price.
It may behoove you to check out New Cost versus Used.