Free equipment lease vs buy calculator from Fynvorax. Compare after-tax costs, Section 179 benefits, and cash flow for business equipment decisions.
Section 179 can accelerate depreciation on qualifying equipment purchases. Leasing preserves cash but may cost more over full term — compare NPV of lease payments vs buy + depreciation tax shield.
Section 179 is a U.S. tax provision that lets eligible businesses deduct qualifying equipment and software in the year placed in service, up to annual limits, instead of depreciating only over multiple years.
U.S. expensing election for qualifying equipment up to annual limits instead of multi-year depreciation — subject to profitability and caps.
Leasing smooths cash; buying builds asset and tax shields but needs upfront capital.
Depends on $1 buyout, fair market value purchase, or return — read the lease type (operating vs capital/finance).