CONGRATULATIONS! You’re making a smart business decision by considering leasing your aircraft engine, rather than outright purchase and ownership. As you make this decision, you might want to know some of the benefits of engine leasing with Reclaimed Aeroparts.
Here are 10 advantages that make leasing an attractive option:
We take the highs and lows out of aircraft ownership with fixed costs. Ownership involves large cost overhauls that you can avoid through simple, fixed monthly payments.
Leasing provides a business with income tax benefits by allowing them to expense lease payments rather than depreciating them as a capital cost.
Leasing offers flexibility with monthly minimums, which can be negotiated based on your monthly usage requirements.
All of our aircraft engines, propellers and accessories are within MFG specified overhaul times to meet the requirements of any air maintenance schedule.
When you purchase or finance equipment outright, you pay the GST and PST up front. This isn’t the case with leasing. Your tax payments are spread over the term of the lease.
With our ability to stock rotating spares, you never have to worry about waiting for replacement engines or propeller overhauls during your busy season, resulting in less down time.
Spare parts are readily available in the event of unexpected failures, prop strikes, or unforeseen equipment of mechanical problems.
Your company can free up working capital, rather then tying up funds with the overhead costs of owning an aircraft.
Your company can establish your equipment costs in today’s dollars, and pay those costs incrementally in inflated future costs, as the equipment is used.
When you lease, you increase your buying power. By reducing your equipment purchase to a simple periodic payment you leverage the buying power of your operating or capital budgets.