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Engraver - Lease or buy?


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Had my GEM-RX4 for about 18 months now and I find I am turning too much rotary work away. Also the odd glass job.

 

Been looking at the new RX-VX4 (budget reasons) and although I want to keep the RX4 for mobile work I just want to know your thouhgts on leasing the second machine.

 

Would I be better leasing at £29/week or purchasing.

 

Thanks

 

Rizla

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hi, we upgraded our engraver about 18 months ago, it paid for its self within a year,, we bought a is200 from gravograph, it was recon second hand, but in top condition,, it would be worth contacting them, they do have some good deals sometimes,, good investment,, we can now do glass and rotery work, and since having it we now sell tankards, hip flasks etc, extra bonus, cuz we can now engrave them as well,,

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I agree with Fatty, Call Gravograph and ask if they have any special offers, I know they were selling a fair few machines off a few weeks ago at really good prices.

I'm not sure I would Lease, its not for me, But thats just my personal view. But I would highly recommend a Gravograph machine for the build quality and superb after sales backup, which I have enjoyed for many years.

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lease or buy?

 

when i get asked this question my answers are:

 

if you have cash why pay interest. if the company is doing a low interest deal will your money earn more in the bank. assuming you dont have cash the question would be bank loan or lease?

 

leases are peculiar because you are effectively renting the machine and buy it at the end (make sure you get a final payment quote). are you vat registered and making fair profits? if so a lease may be better. as you are leasing the machine the payments go against profit over the term, normally 3 or 5 years and this has its own benefits. if you borrow money it is the same as a cash purchase and you can only set against profits in the year of purchase unless there are any government deals going.

 

it is always best to check with your accountant as well.

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Are you just saying that because I gave you a tool database? :D

 

yes I am Warren.....NO, you pinched em in the first place you scoundrel :-$

 

Dean's images say it all, whatever your budget. from pantographs to lasers and however you wish to pay for it. "gravo is the way"

 

plus you have a multi-member gravo knowledge database right here on the forum

 

and if you can offer a new service. rotary work, glass etc. you are always onto a winner

 

as Shoeless Joe told Ray "If you build it He will come"

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  • 1 month later...

Not being a fan of engraving but,

I can appreciate the skill going into these engravable items and would like to comment on the pics posted by Dean,

BLOODY BRILLIANT lad,

Just an afterthought, do not post an engraving that includes someones real identity as they can claim that you are using their image/details for commercial gain.

You've had a good teacher. Keep up the good standard. Very nice to see.

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Not being a fan of engraving but,

I can appreciate the skill going into these engravable items and would like to comment on the pics posted by Dean,

BLOODY BRILLIANT lad,

Just an afterthought, do not post an engraving that includes someones real identity as they can claim that you are using their image/details for commercial gain.

You've had a good teacher. Keep up the good standard. Very nice to see.

 

calm down Hugh, he's already got a big head :lol:

 

oh, and i helped make one of them anyway......... 8-[ :lol:

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