Equipment Lease
Leasing Used Machinery: Advantageous and Sustainable
Updated
New machinery is not always necessary for efficient business operations. Leasing used machinery offers a solution when you want to save on investment costs but still require reliable equipment. This way, you combine cost savings with flexible financing conditions.
Why choose used equipment leasing?
Used machinery has already undergone the majority of its depreciation. This results in a significantly lower acquisition value, which translates into more favourable monthly instalments.
This makes leasing young used equipment attractive for both start-ups and established entrepreneurs who want to quickly expand their capacity.
Conditions and inspection of used machinery
Leasing companies set specific requirements for the age and overall condition of used equipment. An independent inspection or a transparent maintenance history is often required before financing is approved. Learn more about leasing used machinery to see what documentation is needed for acceptance.
Term and residual value for used items
The maximum term of a lease contract for a used machine depends on its expected technical lifespan. Because the economic value progresses differently than with new equipment, the residual value is accurately determined in advance.
Therefore, align the contract carefully with the machine's expected usability within your business.
What types of used machinery are eligible for leasing?
In addition to the physical condition, market value and the possibility of a realistic residual value estimate also play a role. Machines that retain their value relatively well over time, such as certain heavy construction machinery, are often more attractive for leasing. Less common or highly specialised equipment can also be leased, but may require a more specific approach and conditions. The type of machine and the sector in which it is used influence the leasing company's assessment.
What is the difference between financial and operational lease for used machinery?
Operational lease, on the other hand, is a form of rental where the leasing company remains the economic and legal owner. Monthly instalments often include maintenance, repairs, and insurance, which ensures fixed, predictable costs. At the end of the term, you return the machine. This does not impact your balance sheet and reduces the risk of depreciation. The choice between the two depends on your tax preferences, desired risk profile, and long-term strategy.
Frequently asked questions
Can I choose a used machine myself from a supplier?
Yes, as a rule, you can select a used machine yourself from an approved dealer or supplier, after which the leasing company assesses the purchase.
Is there a maximum age limit for used machines for leasing?
Yes, leasing companies apply a maximum age for the asset, often calculated based on the sum of its current age and the desired lease term.
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