| Benefits of Leasing
Versus Purchasing
- After the lease has been paid in full, the church
may purchase the instruments on the lease for $1.00
- Helps beat inflation by acquiring the instruments
needed today while avoiding annual price increases
- While staying within their budget, congregations
have the opportunity to obtain needed instruments
to complete a successful music program or to replace
older instruments that are depleting their repair
budget
- Church chooses the term of the lease (12-, 24-
or 36-month)
Step-by-Step Procedures
- Church representative discuss needs with local
music dealer
- The dealer will prepare a lease/purchase proposal
stating the exact cost of a 12-, 24- or 36-month lease
plan to fit their budget
- Upon receipt and approval of the credit application,
a formal lease will be prepared and sent to the church
for authorized signatures
- Upon receipt of the signed lease documents and
initial payment, the dealer will be notified to deliver
the instruments to the church
- After receiving the instruments, church officials
sign the acceptance certificate and return it
- The subsequent payments will be due monthly
|