Sunday, 18 September 2016

Zero Turn Mower


Zero-turn lawnmowers aren’t as expensive as they once were but even so, few people would describe them as ‘cheap’.
Although the price differentials have eroded somewhat they’re still likely to be more expensive than a roughly comparable centre-mounted mower and that means you may well have to think carefully about how to pay for one. So, if you’re anything other than rich, read on!
The Basics of Economic Purchasing
Some people think that the cheapest way of buying something, including zero-turn lawnmowers, is to pay by cash if you have it available. It seems to be a no-brainer.
As a point of technicality though, they may wrong.
Let’s say you have your cash currently invested and its earning you (e.g.) 2.5% net interest. If you take that out to pay for a new lawnmower, then it’s no longer earing you that interest so that is a ‘loss’ to you even though you now have a capital asset in the form of a new mower.
The cost to you is, therefore, the purchase price of the mower plus that 2.5%

By contrast, if you were fortunate enough to get a zero-interest purchase deal from the provider or manufacturer, then you’ll be far better off purchasing it on finance rather than using your own capital – assuming everything else is equal.

For more details, please visit - http://hubpages.com/living/Zero-Turn-Mower

No comments:

Post a Comment