This document provides information to compare the costs of buying versus leasing an asset valued at $35,000 over a 36 month period. It outlines the initial investment, monthly costs, salvage value, and net present values of both options. Based on the analysis, the choice is to buy the asset, as it has a lower net present value of $16,203.57 compared to the lease option's value of $16,919.39.
This document provides information to compare the costs of buying versus leasing an asset valued at $35,000 over a 36 month period. It outlines the initial investment, monthly costs, salvage value, and net present values of both options. Based on the analysis, the choice is to buy the asset, as it has a lower net present value of $16,203.57 compared to the lease option's value of $16,919.39.
This document provides information to compare the costs of buying versus leasing an asset valued at $35,000 over a 36 month period. It outlines the initial investment, monthly costs, salvage value, and net present values of both options. Based on the analysis, the choice is to buy the asset, as it has a lower net present value of $16,203.57 compared to the lease option's value of $16,919.39.