Business Leasing For Dummies [Paperback]

David G. Mayer (Author)

Book Description

Series: For Dummies (Lifestyles Paperback) | Publication Date: September 29, 2001

More than eighty percent of businesses in the United States alone lease some or all of their equipment. These types of leases are only the tip of the iceberg. When you look at the entire world of business, you’ll find the activity of leasing almost everywhere—from property and vehicles to high-technology assets. Today, if you want to make the right deals and be successful in any business, grasping the concept of business leases is more important than ever.

Whether you’re participating in a leasing transaction from the point-of-view of a lessee, lessor, or lender, Business Leasing For Dummies is for you. If you’ve never dealt with a lease before, this book will introduce you to lease basics such as the types of leases available and the terms associated with them. If you’re already familiar with leases, you’ll find out how this diverse financial tool can work for you, however you may choose to use it.

Business Leasing For Dummies will help you understand the benefits, risks, and documentation involved with leasing transactions—including the impact of the Uniform Commercial Code (UCC), which is a collection of laws that provides uniform and consistent rules for commercial transactions. You’ll also discover how to:

• Decide whether to but or lease
• Differentiate between a lease and a loan
• Manage potential leasing risks
• Calculate the cost of leasing
• Lease all kinds of property
• Insure leased property
• Decipher tax, legal, and accounting rules
• Negotiating the core terms in your lease

Business Leasing For Dummies offers valuable insight and direction. It will help you negotiate better deals as well as save more money. From clear explanations of the fundamentals of the leasing process to savvy tips for avoiding costly mistakes, this friendly reference will guide you every step of the way.

Editorial Reviews

From the Back Cover

"Takes complex concepts and makes them understandable."- Joseph C. Lane, Former President, IBM Credit Corporation

"Provides valuable insight and direction for both lessors and lessees. Every business person should read it before negotiating an equipment lease." - Michael J. Rizzo, President & CEO, U.S. Bancorp Business Equipment Finance Group

The pain-free way to decide whether to lease or buy

The fun and easy way to save money by business leasing! So you've decided to lease. Confusing stuff, huh? Nahhh ? not with expert David Mayer at your side! From clear explanations of the fundamentals of the leasing process to savvy tips for avoiding costly mistakes, this unintimidating reference guides you every step of the way.

Discover how to:

• Decide whether to buy or to lease
• Differentiate between a lease and a loan
• Manage potential leasing risks
• Calculate the cost of leasing
• Lease all kinds of property

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About the Author

David G. Mayer is a partner at Patton Boggs LLP, an international law firm. He was formerly corporate counsel for GATX Capital Corporation, one of the world's most innovative and successful leasing companies.

Product Details

• Paperback: 384 pages
• Publisher: For Dummies; 1 edition (September 29, 2001)
• Language: English
• ISBN-10: 0764553704
• ISBN-13: 978-0764553707
• Product Dimensions: 9.5 x 7.2 x 0.9 inches
• Shipping Weight: 1.2 pounds
• Average Customer Review: 3.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #446,897 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

14 of 15 people found the following review helpful:

5.0 out of 5 stars Excellent if niche book, July 9, 2002

By A Customer

Amazon Verified Purchase

This review is from: Business Leasing For Dummies (Paperback)

For anyone in the leasing business, this is a wonderful book to own. It is a complete training course in equipment leasing. The author has the only good explanation I could ever find of concepts such as leveraged leases. This book is a _must_ for anyone in the equipment leasing industry.

I wish that the author had worked out a few examples with the reader on cash flows and pricing of leases. There is some math that is not very clear to the first time reader. I also wish that there was some more information about vendor leasing and lease origination.

Regardless, this is one heck of a training course in leasing for under 20 dollars. If you are in any way involved with leasing, this is money well spent.

4 of 9 people found the following review helpful:

1.0 out of 5 stars Business Leasing for Dummies, June 19, 2003

By A Customer

This review is from: Business Leasing For Dummies (Paperback)

This book is more about the benefits and features of leasing. It does not give the reader any information on structuring a lease. The only benefit that I saw in reading this book was that it did inform me about different lease types.