Purchase or lease? That’s the question you face when you add new equipment and/or technology to your practice. Working with dentists over the past 40 years has taught us this: Leasing is usually an unwise choice, although there are a few exceptions. Purchasing is typically your best option, for the following reasons. 

Cost And Interest

One of the most attractive aspects of leasing is that it minimizes the “hassle factor.” An equipment vendor or leasing company usually offers a lease that’s ready to sign, avoiding the stress of having to negotiate the price and arranging bank financing, as well as the challenges of ownership. 

Despite the simplicity, leasing often works against you financially. Why? Lease amounts are calculated on the total purchase price, so doctors who lease can’t negotiate the purchase price. This means they end up paying retail, rather than wholesale, for the equipment, losing the savings that could...