Cash or Credit?

[Team Gopher]

Recently this question came up and I was interested in your views.

Do you buy your equipment outright or do you prefer to use credit?

Do you prefer to own or lease equipment?

Why either way?

[boazcat]

So far, everything I have bought has been bought on credit with one year "no interest." I haven't paid a penny of interest. Now I am building up a cash reserve and will pay for smaller equipment with cash.

Michael