Rent to Purchase

Acquire the equipment you need by using the rental period to build equity. You have the flexibility to return it at the end of the rental period or acquire it by using one of the financial products found on the lease options page. Our very flexible terms and rates will tailor the best option to fit your specific needs. Check out the finance option comparison below.

 

COMPARISON OF FINANCIAL PRODUCTS

 

 Installment Sale ContactFinance Lease or Flex LeaseTax Lease-Cat Value Option or Window LeaseTax Lease-Long-Term RentalTRAC Lease
OwnershipImmediateOption to return or purchase at lease end; Flex Lease provides the option to return early at the predetermined dateOption to return or purchase at lease end; Window Lease provides the option to purchase early at the predetermined dateOption to return or purchase at lease endOption to return or purchase at lease end
Equity BuildupFasterSlowerNoneNoneNone
Tax DepreciationCustomer Customer Cat FinancialCat FinancialCat Financial
PaymentHigherLowerLowestLowestLowest
Purchase OptionN/ABargain Predetermined fair market valuefair market valuePredetermined fair market value
Contract FlexibilityYesYesLessLessLess
Early Payoff RestrictionsNoNoSomeSomeSome
Personal Property TaxCustomer pays
(Varies by state)
Customer pays
(Varies by state)
Cat Financial pays, then invoices customerCat Financial pays, then invoices customerCat Financial pays, then invoices customer
Additional InformationCustomer owns and depreciates

Immediate equity through down payment or trade-in

Quickest equity buildup through repayment
Leases has ownership

Bargain purchase option reduces payment

Lessee may take depreciation

Equity buildup is slower

Characteristics of an ISC with the lower payments of a lease
Use or possible optional ownership

Lessee treats unit as rental

No equity buildup
Use or possible optional ownership at Fair Market Value a lease-end

Lessee treats unit as rental

No equity buildup
For over-the -road motor vehicles and trailers only

All U.S. Taxpayers using "on-highway trucks, tractors and trailers qualify

Lease payments are fully deductible for tax purposes

Improves cash flow
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