An exclusive program offered by New Equipment Leasing, Inc. since 2002 for lawn care professionals and municpalities. Available for most major brands of commercial lawn equipment.
- A true operating lease with turn in option.
- Designed to reduce or even eliminate down time.
- Low monthly payments comparable to a 3 year term.
- Seasonal payment structure available to match your cash flow.
- Take advantage of full warranty coverage during the lease term and the flexibility that changing contracts often demand.
- Generous hour limitation – 600 hours per year.
- Pre-determined residual purchase value with flexible payment terms if ownership is desired at lease end.
- Potential tax savings from a reduced income tax liability (Please consult your tax professional).
Program Overview:
- 24 month term, 25 payments total.
- Monthly payment multiplier = .0340*
- Due at signing = First payment plus $300.00* processing fee.
- End of lease options = Turn in the equipment to your selling dealer, or purchase for a 40% residual value.
*Subject to change without notice.
For more details on this program, please contact Tim Schut (tschut@nelinc.com)
