Well, that’s what happens when you lease a quality air compressor. Every time your lease is renewed, the air compressor is replaced with a new model! All while you continue making a minimal monthly payment per your lease agreement.
That’s not the only reason to lease an air compressor. The greatest benefit of leasing is that it does not require a complicated lending process, and there is no down payment requirement. That means you can start using your air compressor and making money with it prior to ever making a payment. It also takes the stress of depreciation and maintenance away.
Why no maintenance?
Firstly, there’s no maintenance required by you during the first three years of leasing. The lessor will do annual checks along with any further repairs or maintenance requirements in the interim. Following your three year lease, you can opt to purchase the product with a limited warranty and maintenance agreement. You may also opt for renewal with a new machine under the same stipulations, or you may walk away with no further business obligations. The choice is yours! (Note: Every lease agreement differs to some degree.)
What type of air compressor is right for my company?
When considering leasing an air compressor, it is important to examine what type would be best for your professional application. Stationary and portable air compressors are available, so it is important to consider what type of tools you will need to attach to the compressor and where they will be needed.
Types of air compressors available:
- dual-tank/ twin tank
The decision to purchase one compressor may not be an option. There may be more than one type of compressor suitable for your professional needs. In some cases, a company may want to consider a combination of air compressors for sale and air compressors for lease. Many leasing companies will sell their air compressors that have expired their three-year contract at a highly reduce rate with a maintenance agreement. It is worth considering.
No matter what the application is or where the work needs to be performed, there is an air compressor that will fill the need. Smaller, personal air compressors may not be available for lease, but they can be purchased at a reasonable initial rate with warranties. For professional applications, it is a huge advantage to lease this piece of equipment because it can be upgraded, and there is very little initial investment.