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In
Partnership with |
decision is yours, you select the lathe you would like to purchase, plus one of our production systems and the number of years for the term of the lease. The minimum amount we can lease is $2,000.00 US. Complete the paperwork and in a matter of days receive your lathe. Call today and we'll fax or mail an application to you.
The lease can be for as little as $2,000.00 US or as much as $75,000.00 US. You can lease with a $1.00 residual or a 10% residual buy-out. If you lease with the 10% residual, the cost of the lease becomes an ordinary business expense. However, if you select the $1.00 residual, you must depreciate your equipment on a yearly basis. At the end of the lease period, you pay the residual amount and the title to the equipment passes to you.
Leasing is an excellent way to get into business inexpensively. For example, if you order a model KT-362 lathe, a Copy-Cat duplicator, a Titanium Gold Slimline Production System, and Start-up kits for the Continental, Signature, Executive Slimline and WriteMaster series pens and pencils, you would have the equipment and components to make our entire line of pens and pencils. The total cost of these items would be $2,298.95.
Using a lease for two (2) years, with a 10% residual payment, your cost would be approximately $97.00 US per month. If you sold just two pens per month, retail, you would meet the lease expense. If you sold your product wholesale, usually 50% of retail, just four (4) pens would meet your commitment. Since many of our customers sell anywhere from 50 to 500 pens per month wholesale and retail, it is hard not to see the advantage of a lease program to get you started in this lucrative business.
If you would desire a five (5) year lease, the monthly cost would be
approximately $48.00US per month.
Remember our policy, we will not allow you to make a mistake! Since you are
using WoodWrite, Ltd. equipment, parts, and supplies, any goofs
in making pens and pencils are automatically guaranteed. Save your goofs
and send them back to us for free replacements. (A nominal shipping charge of
$5.00 per shipment applies in the US. Slightly higher for
international shipments.)