It's natural to want to own the equipment you use on the job, but we'd like to offer a number of reasons why leasing might be an even smarter solution.

Leasing with John Deere Credit frees up cash and increases your liquidity.

Leasing usually requires less money up front, and monthly lease payments are generally lower than installment payments.

Leasing lets you pay for the use of the equipment instead of making a long-term commitment to buy. That way, you can keep your fleet flexible to match the projects you want to pursue.

Leasing enables you to schedule equipment replacement, and because it keeps newer equipment in the fleet, it also reduces downtime.

Leased equipment does not appear on your balance sheet as either an asset or liability.* The stronger financial ratios that result may help increase your bonding capacity.

In most states, instead of paying sales tax on the full purchase price, you only pay "use tax" on the monthly lease payment. If you exercise the purchase option at the end of the term, you've deferred the sales tax for many years.

Our knowledge of the construction industry gives you a unique advantage when it comes to equipment acquisition decisions. To see if leasing works for your business, contact your John Deere dealer.

If you have enough information and have decided that leasing is right for you, use the printable application to apply. Or contact us if you would prefer to talk to a customer service representative first.

*Consult your tax advisor.