Alexa
Veteran
hi all- perhaps this belongs in the business/production section, can't decide..but thought I'd do a quick write up in case this helps anyone.
I just "closed" on my first lease on equipment, which was for an HVX-200. You may notice that you can get excellent financing ~3% through Panasonic. AFAIK, this is unbeatable. The offer ends in a few days, like the p2 card/dvd offer. I've never done this before and pretty much paid cash for everything in the past. If you can get a good rate, leasing may be worth considering because it can free up cash flow in your business. You do need to pay the first and last lease payment, plus $75 documentation fee and then $100 at the end of the term. I ended up writing a check for $700..though Panasonic financed not only the camera, but a Vocas mattebox and wide angle..non-pana products, also..wow! The combined rate was something like 4%, still, excellent. I selected a 24 month term. I can also just pay it all off at anytime.
The approval process involved more paperwork than I expected, but, overall it was pretty smooth. Basically, you get the lease through Panasonic's financing company and then they issue a purchase order to your selected vendor. in my case, I chose Abel Cine Tech in Burbank. Kudos to Joe G. who has been a great go-between in getting this order filled. The service coming from ABCT is a great reason to shop boutique/specialty vs. big box (a huge retailer). In fact, when I first considered the leasing offer, I called a bigbox store and immediately got the feeling this was not going to work with them, the sales person was completely clueless and denied that there was even such a program. Lastly, there are lots of little details to this whole order that would never get fulfilled if I was not working with my own sales rep who could track what was going on and what is supposed to happen, when. It also became obvious they can get whatever product you want and match prices very nicely.
The support from the finance company was superb, too. Again, I was quite amazed that they will help you with an HVX purchase AND AND, some accessories..Follow this link for more info:
http://catalog2.panasonic.com/webap...alogId=13051&itemId=93120&surfModel=AG-HVX200
My camera comes in tomorrow. I'm a little spooked about the expense, but I think it will be a good move. I can't ever remember investing in equipment and not getting returns on it.
Alexa
I just "closed" on my first lease on equipment, which was for an HVX-200. You may notice that you can get excellent financing ~3% through Panasonic. AFAIK, this is unbeatable. The offer ends in a few days, like the p2 card/dvd offer. I've never done this before and pretty much paid cash for everything in the past. If you can get a good rate, leasing may be worth considering because it can free up cash flow in your business. You do need to pay the first and last lease payment, plus $75 documentation fee and then $100 at the end of the term. I ended up writing a check for $700..though Panasonic financed not only the camera, but a Vocas mattebox and wide angle..non-pana products, also..wow! The combined rate was something like 4%, still, excellent. I selected a 24 month term. I can also just pay it all off at anytime.
The approval process involved more paperwork than I expected, but, overall it was pretty smooth. Basically, you get the lease through Panasonic's financing company and then they issue a purchase order to your selected vendor. in my case, I chose Abel Cine Tech in Burbank. Kudos to Joe G. who has been a great go-between in getting this order filled. The service coming from ABCT is a great reason to shop boutique/specialty vs. big box (a huge retailer). In fact, when I first considered the leasing offer, I called a bigbox store and immediately got the feeling this was not going to work with them, the sales person was completely clueless and denied that there was even such a program. Lastly, there are lots of little details to this whole order that would never get fulfilled if I was not working with my own sales rep who could track what was going on and what is supposed to happen, when. It also became obvious they can get whatever product you want and match prices very nicely.
The support from the finance company was superb, too. Again, I was quite amazed that they will help you with an HVX purchase AND AND, some accessories..Follow this link for more info:
http://catalog2.panasonic.com/webap...alogId=13051&itemId=93120&surfModel=AG-HVX200
My camera comes in tomorrow. I'm a little spooked about the expense, but I think it will be a good move. I can't ever remember investing in equipment and not getting returns on it.
Alexa
