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Farm Equipment Leasing: A New Financial Strategy

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  • Serletis, William S.

Abstract

For farmers with high debt/asset ratios, leasing is an attractive option for securing the use of farm machinery. Under the current tax laws, financial leasing carries lower after-tax costs than loan-purchasing. By size, farms with over $500,000 in sales had the highest proportion of U.S. expenditures for farm equipment leasing. By region, the Pacific States, Corn Belt, Delta-Southern Plains, and Northern Plains regions accounted for the largest proportion of expenditures. By farm type, cash grain, dairy, general livestock, and field-general crop farms recorded the largest proportion.

Suggested Citation

  • Serletis, William S., 1987. "Farm Equipment Leasing: A New Financial Strategy," Staff Reports 277937, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerssr:277937
    DOI: 10.22004/ag.econ.277937
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    References listed on IDEAS

    as
    1. Richardson, James W. & Lemieux, Catharine M. & Nixon, Clair J., 1983. "Entry Into Farming: The Effects Of Leasing And Leverage On Firm Survival," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(2), pages 1-7, December.
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