Buying ATM vs Lease to Own: What should you do?

1. Buying ATM vs Lease to Own: What should you do?

2. Are you confused about how to set up an ATM near your business and wondering about the difference between purchased or leased ATM’s? In both cases, the ATM is bound to give you profit on the amount of transactions performed by the machine, but the difference is how much you are spending initially and then in running the machine. Purchasing new or Used Triton ATM machine is a one-time investment whereas leasing requires monthly payment till the amount is clear for you to own it. Here are few differences between the two-

3. Mode of Payment ATM’s are expensive, but the repayment can be made within few months. Lease to own are those ATM’s that you take on an agreement of making monthly payments, and on completion of the scheduled number of installments, you own the machine. If budget is a constraint, lease to own is a great option for starting an ATM Business. It allows you to make a very small investment and get the advantages of having an ATM near your business location. However, if you have enough cash, you might be better off buying an ATM. Convenience If you have purchased a brand new or Used Triton ATM machine, being the owner you have the flexibility to increase the percentage of surcharge anytime. This will eventually help in increasing the revenue earned. But in the case of a lease to own ATM, till the amount is cleared, you don’t actually have the complete ownership right and cannot make significant changes in its operations. However, you only pay in monthly installments and thus can set off the monthly lease amount as expense towards business.

4. Advertising and Extra Income We usually see advertisements on the ATM screens, and ATM business owners make some extra income through these advertisements. This privilege of displaying advertisement is enjoyed only by ATM owners who have purchased the machine making a one-time investment. The lease to own ATM owners cannot use the screen space for advertisement until the lease amount is clear and they have taken the complete ownership of the machine. Return of Investment It is true that ROI is there in both the options, but in the case of purchased ATM machine, the ROI is gained more quickly than the lease-to-own type. The difference is there because in the case of purchased ATM machine the owner has the scope of increasing surcharge, using the screen space for advertisement, etc. In the case of the leased version, ROI is slow, and the owner has to wait for the lease to get over.

5. Setting up an ATM is easy, but whether you want to purchase it or lease it depends on your preference and current budget. Both the options are good, and the major difference is limited to the mode of payment. In both cases, you are entitled to make money out of business, but leased version may take a little more time to gain substantial profits.

6. Thank You Office Address : 2511 Fire Rd., Egg Harbor Township, NJ 08234 E-Mail ID : atmprograms@gmail.com Phone No : +1 609-641-7300 Website : atmmoneymachine.com