Farmers are turning to equipment leasing instead of outright purchasing to help them keep up with technological developments . The move comes as land and equipment costs rise and farmers look to cash flow management . Purchasing equipment outright can limit a farmer ’s ability to adapt and respond to new technologies and opportunities . However, Glen says there are other – albeit more indirect – ways to view wealth accrual. The farmers also say buying equipment at the end of a lease could come at a lower price than buying new machinery . Equipment dealers , meanwhile , are also turning to leasing and low - rate financing instead of offering cash discounts for purchases .
Farmers are turning to equipment leasing instead of outright purchasing to help them keep up with technological developments . The move comes as land and equipment costs rise and farmers look to cash flow management . Purchasing equipment outright can limit a farmer ’s ability to adapt and respond to new technologies and opportunities . The farmers also say buying equipment at the end of a lease could come at a lower price than buying new machinery . Equipment dealers , meanwhile , are also turning to leasing and low - rate financing instead of offering cash discounts for purchases .