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PDQ $99 a month lease?
- Thread starter Ric
- Start date
Bubbles Galore
Active member
I submitted my info. I will let you know once they contact me.
For my area, my distributor will probably be Washing Equipment Technologies. They used to be my chemical supplier, but I switched after 20 years due to the fact that they were overcharging by 30% or more.
This could be an awkward exchange.
For my area, my distributor will probably be Washing Equipment Technologies. They used to be my chemical supplier, but I switched after 20 years due to the fact that they were overcharging by 30% or more.
This could be an awkward exchange.
MEP001
Well-known member
I've heard all sorts of stories, like the local WET distributor won't service the machine if you don't use their chemicals.
$99/month for a Laser or Tandem? They're clearly not going to make money on the lease. WIll it be on chems? Maybe a balloon payment after five years which will be 3/4 of what the machine would have cost to begin with? Will it even be a new machine?
$99/month for a Laser or Tandem? They're clearly not going to make money on the lease. WIll it be on chems? Maybe a balloon payment after five years which will be 3/4 of what the machine would have cost to begin with? Will it even be a new machine?
Bubbles Galore
Active member
They did this special about 12 months ago. It is NOT for new equipment, as far as the fine print on the flyer from last year states.
Indiana Wash
Member
It is called financing. Most people have some sort of financing on their car wash. There are bunches of companies out there that will loan you money on a Lease/purchase deal if you have good enough credit and enough collateral. Some will even delay payments with good enough credit and enough collateral.
raisetheprice
Member
The breakdown that was sent to me
On the $99 a month promotion, the customer must be in business for at least 5 years. A full financial package is required. First and last payment in advance, $1.00 PO at lease end. The first 12 months are $99 followed by additional monthly payments as follows:
Below are the factors you can use to figure the monthly payments. Take the factor X the cost of the equipment to come up with the remaining payments.
12 payments at $99 followed by 24 payments of .05008
12 payments at $99 followed by 36 payments of .03503
12 payments at $99 followed by 48 payments of .02755
12 payments at $99 followed by 60 payments of .02309
12 payments at $99 followed by 72 payments of .02140
On the $99 a month promotion, the customer must be in business for at least 5 years. A full financial package is required. First and last payment in advance, $1.00 PO at lease end. The first 12 months are $99 followed by additional monthly payments as follows:
Below are the factors you can use to figure the monthly payments. Take the factor X the cost of the equipment to come up with the remaining payments.
12 payments at $99 followed by 24 payments of .05008
12 payments at $99 followed by 36 payments of .03503
12 payments at $99 followed by 48 payments of .02755
12 payments at $99 followed by 60 payments of .02309
12 payments at $99 followed by 72 payments of .02140
Bubbles Galore
Active member
Thanks for the info. I still haven't heard back yet.
