You are in the construction business and in need of an excavator. You are evaluating if you should purchase or lease an excavator. How do you go about financing? What would your monthly payments be should you choose to go ahead with purchasing or leasing an excavator?
Believe me, you are not alone! A lot of construction companies have the exact same questions when it comes to excavator purchasing or leasing and are trying to figure out how to go about it.
In order to make the right decision for your business, it helps to ask yourself a few basic questions about your business and the projects or goals you want to tackle. Answering these questions would help you objectively determine which option would work best for you. Are you ready to find out?