Lease vs. Buy Machinery Decision Worksheet
A decision worksheet for comparing leasing and buying machinery, with lines for each option's costs, flexibility, and risks to help owners decide.
Download free PDF1 page, US Letter, prints clean in black and white
WorksheetMachinery & EquipmentFree PDF
What you fill in
- Machine type and use
- Expected hours per year
- Purchase price and financing
- Lease payment terms
- Maintenance responsibility
- End of term or trade value
- Tax effects to confirm
- Cash flow impact
- Final decision and reason
How to use this worksheet
Use the notes area for your arithmetic. Keep the finished sheet with your records so you can compare it with the next season.
Where to check the details
This sheet is a general template, so confirm specifics with your own manuals, labels and local rules. For current official guidance, start with FSA Farm Loans and eXtension.
For more in this area, see the farm equipment repair advice. Between chores, farm.FM has farm humor, including Triumph of Agriculture Farm & Ranch Machinery, and farming farm stories.