Option to buyout leased equipment

[Kroal]

I would like to see an option to buyout the leased equipment added in or modded in if possible. The buyout would be determined by the amount of time the vehicle has been in use. Obviously, the longer you have had the equipment the less the buyout would be. Down to a certain point, then a flat rate. Something like that. That way it would be more like a real lease. What do you think?

[rhino350wynn]

If done right I could get behind that.

[Kroal]

I can't mod, so I can only hope. Lol

[Tiger]

i like this idea, you rent when you dont have hte money and then basically get a discount off the retail price for the money already spent give or take.

[Furley]

I would love to see this or a financing option.

[OriginalGrubby]

Just take a loan from the bank, it's esentially the same thing. So long as you repair before you sell it you always get the same value back for it.

[Silky Rough]

Originally posted by Knagar:

Just take a loan from the bank, it's esentially the same thing. So long as you repair before you sell it you always get the same value back for it.

We do? Could have sworn everything was -50%

[Tiger]

you lose some wear and tear on the vehicle ever if you litterally just brought it, but i believe 50% is for buildings, i think its lower for vehicles and depeds on its working hours.

[Buckshot]

Great idea. I would go for that.

[Kroal]

I obviously can't speak for everyone, but personally I feel it would add some realism to the leasing option.

[rhino350wynn]

If I were creating this, I would probably Make it more expensive to lease then buy or lease to own. My thought behind that is 2 reasons.

1 makes it cheaper short term if you’re just starting out but in the long run you end up paying more for the convenience.

2 keeps people for leasing the tractor running the price down then buying it cheaper than they would have had to pay overall for a new one.

That’s kind of what already happens when you take a loan to buy equipment though if you think about it. Short term no personal money up front but you eventually have to pay for the equipment + interest.

[Kroal]

I agree to your overall point. I definitely wouldn't want it to be a form of cheating. Did you take into account the price per operating hour, for leasing? Maybe, have a required time that the equipment has to be leased to meet buyout options, then new price minus some percentage. I haven't really set and tried to work out specific details. Just thinking outloud.

[rhino350wynn]

That’s kind of what I was thinking.

[SeaDog]

Sheesh....have you ever leased a car? You do not buy it out at the end. That is what financed purchase is for. You would be losing tons of money doing it that way. A finance option where you finance individual vehicle would be realistic. Leased vehicles should be returned.

[Silky Rough]

Originally posted by SeaDog:

Sheesh....have you ever leased a car? You do not buy it out at the end. That is what financed purchase is for. You would be losing tons of money doing it that way. A finance option where you finance individual vehicle would be realistic. Leased vehicles should be returned.

I think this is just a case of terminology though. "Lease" and "Rent" is, for all intents and purposes, a synonym in many countries and "rent to own" is a common financing option.

The key difference is a lease is for a specific period of time. Rent is generally on an as-needs basis. By definition alone, FS19 should be using the word "rent", not "lease".

Regardless, I agree we should be able to buy our leased equipment - in fact that's how a a lot of farming equipment is traded, as ex-lease, and the leasee is often first option.

However, equipment depreciation has to be based on usage otherwise we'd lease everything at the beginning, leave it in a shed and buy it up when it's cheap.

(ED: Typo)

[rhino350wynn]

How about used - I would like it if there were a used dealer in game where you could buy equipment at a discounted rate based off of how used it was. You get a cheaper price on that harvester you really need but the trade off is higher upkeep than if you bought it new. <mod idea anyone?