Equipment Type

Big Firms Finance Least

Managers of larger fleets are most likely to self-finance equipment purchases, eschewing monthly payments for using their own capital to purchase equipment...

August 01, 2002

Managers of larger fleets are most likely to self-finance equipment purchases, eschewing monthly payments for using their own capital to purchase equipment. When asked about lease/purchasing, though, large-fleet managers turn out to be most likely to acquire machines by lease/purchase contract (In fact, 29 percent of people with fleets valued higher than $10 million usually lease/purchase).

Finance with Monthly Payments
Source: Construction Equipment Buy/Rent/Lease Study, 2002
All fleet sizes 52%
Less than $500,000 fleets 62%
$500,000 to $1 million 55%
$1 million to $5 million 50%
$5 million to $10 million 34%
More than $10 million fleets 25%


More like this

Comments on: "Big Firms Finance Least"

Subscribe Today

Enter your email address here to be automatically subscribed to our daily newsletter!

CE-Management
Overlay Init