If you are an established company with at least a 2 year history, you might want to consider leasing your professional video and audio equipment. Payments are made on a monthly basis, and when you've made the last payment you own the equipment. Unlike a car lease, there are no extra fees (i.e. hours of operation or wear&tear, etc.) that will require a large payment at the end of the lease for you to take title. Perhaps the best way to describe a video or audio equipment lease is like a credit card with tax advantages! An example of a typical lease: A 3 chip digital camera (like a Panasonic AG-HVX200A) will have monthly payments of about $225. (Hopefully, just one job a month will easily pay for the monthly fee!)
The practical advantages of leasing are:
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