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John Deere Equipment Cost: $80,000
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Cash Purchase |
Installment Loan |
JDC™ MasterLease |
Interest Rate |
N/A |
6.75% |
N/A |
Monthly Payment (36 mo.) |
N/A |
$2,447.27 |
$1,847.33 |
Year 1 Outlay |
$84,000 (5% tax) |
$29,367.24 |
$22,167.96 |
Year 2 Outlay |
0 |
$29,367.24 |
$22,167.96 |
Year 3 Outlay |
0 |
$29,367.24 |
$22,167.96 |
Total Outlay |
$84,000 |
$88,101.72 |
$66,503.88 |
As this scenario shows, leasing equipment with John Deere Credit saves you nearly $18,000 over three years when compared with cash purchase and much more when compared with traditional financing (installment loan).
Read about leasing pre-owned equipment...
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