How Much Does it Cost to Lease a Forestry Bucket Truck

Is your business looking to provide tree trimming, maintenance, and removal services? Forestry bucket trucks offer excellent height and reach to make that possible. In this article, we will explore the costs associated with leasing forestry bucket trucks, the benefits of leasing vs paying cash, and how Beacon Funding’s lease-to-own program can make a forestry bucket truck more affordable.

Understanding Forestry Bucket Truck Costs

Several factors influence the cost of a forestry bucket truck: the truck’s size, reach, brand, and additional features. Customizations and technological advancements can also impact the price. On average, new trucks can range from $100,000 to $200,000, while used trucks may cost between $50,000 and $100,000, depending on their condition and age.

Lowering Upfront Costs Through Leasing

If you’re worried that purchasing a forestry bucket truck will strain financial resources, consider leasing! Instead of a large upfront sum, leasing spreads out the purchase into lower monthly payments. By leasing a forestry bucket truck, you can significantly lower upfront costs, allowing your businesses to preserve capital to operate.

Budgeting Tip: To see how low your monthly lease payment could be, try an equipment leasing calculator. Explore which term length, such as 36 to 60 months, is the most affordable for your current needs.

Advantages of Leasing a Forestry Bucket Truck

1. Access to the Latest Technology with Less Financial Burden: Leasing allows businesses to access the latest technology without the financial burden of purchasing new equipment. This ensures that they can stay competitive and efficient.
2. Flexibility to Upgrade or Change Equipment: Leasing provides the flexibility to upgrade or change equipment as business needs evolve. This adaptability is crucial in an industry where technology and requirements can change rapidly.
3. Tax Benefits: If you opt for an operating lease, your monthly lease payments may be fully deductible as a business expense. This can reduce your taxable income for the year.

Beacon Funding’s Lease-to-Own Program

Unlike a personal auto lease, Beacon’s commercial leasing options are designed for the lessee to take ownership of the equipment at the end of the term. Business owners who lease enjoy lower monthly payments than those who finance because of the end-of-lease purchase option.

Here are the different purchase options Beacon Funding offers:

• $1 Buyout: Pay $1 for your equipment at the conclusion of the lease term.
• 10% Purchase Option: Pay 10% of the original purchase price for your piece of equipment.

Step-by-Step Guide: How to Lease a Forestry Bucket Truck

1. Assess Your Needs: Determine the type and specifications of the forestry bucket truck you need.
2. Contact Beacon Funding: Reach out to Beacon Funding to discuss your requirements and explore leasing options.
3. Submit an Application: Complete the leasing application with the necessary financial information.
4. Review and Approval: Beacon Funding will review your application and provide approval based on your financial standing.
5. Sign the Lease Agreement: Once approved, sign the lease agreement and arrange for the delivery of your new equipment.

Have Questions? Talk to an Equipment Financing Expert

When deciding between purchasing and leasing, your business’s financial situation, equipment needs, and long-term goals matter. Since 1990, Beacon Funding have helped finance 29,448 transactions. Talk to one of our knowledgeable financing consultants to learn which leasing solution is right for your business.