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