You can use this file to analyze relative costs and determine whether to buy or lease an item. Enter the data and the database performs the calculations.
How to use this solution
Experiment with different down payments or loan/lease terms (in years) to see how changes in those values can affect your decision.
How to customize this solution
Present the information graphically by exporting the data from the file and using it to create a chart in ClarisWorks or ClarisImpact.
"AxA Form View
A List View
Buy vs. Lease Summary
Information
Report Menu
A Form ViewB
Date ModifiedB
Monthly Loan PaymentB
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2 )
Loan Percent of ValueB
Monthly Lease PaymentB
Price End LeaseB
Purchase Total PaymentsB
) <> 0
Total PaymentsB
Purchase Present ValueB
) <> 0
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Lease Present ValueB
! * (((1 +
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) - 1) /
()) / ((1 +
() ^
Monthly RateB
/ 100 / 12
Num PeriodsB
* 12
ItemB
Least ExpensiveB
"Purchase"
"Lease"
"No Difference"))
Purchase
Lease
No Difference22
InfoB
Created ByB
A List ViewB
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Buttonx
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Buttony
Recordz
Delete
Record{
Record|
Reports}
View As
List~
View As
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Least Expensive
Present Value:
Total Payments:
Purchase Price at End of Lease:
Monthly Payment:
Term (years):
Interest Rate:
Loan as % of Value:
Amount Financed:
Down Payment:
Net Purchase Price:
Lease
Purchase
P%Enter data for Buy vs. Lease scenario
Buy vs. Lease SummaryB
Yesfter
Noarter
Yesfter
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Noarter
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Noarter
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Yesfter
Noarter
Least ExpensiveY
Lease PVZ Purch. PV[
Lease Ttl.\
Purch. Ttl.]
Item^
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Button_
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Recordb
Recordc
Reportsd
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Recordb
Recordc
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Infoh9Click to see more information for a Buy versus Lease item
InformationB
Yesfter
Noarter
Yesfter
Noarter
Yesfter
Noarter
Your Own
Buttonx
Reportsy
View As
Listz
View As
Form{
Close|
Info}
Page ##
Buy vs. Lease Summary
Purchase
Present Value
Lease
Purchase
Total Payments
Lease
Least
Expensive
Report MenuB
Your Own
ButtonI
ReportsJ
View As
ListK
View As
FormL
CloseM
InfoO,Information about the Buy vs. Lease solutionP
Info for this Solution
Your Own
ReportB
Your Own
ReportC
Your Own
ReportD
Buy vs. Lease
SummaryE
Your Own
ButtonF
ReportsG
View As
ListH
View As
FormI
CloseJ
InfoK>Click on any of these buttons to preview the respective reportL
Select a report
) = 400
Your Own
ButtonB
ReportsC
View As
ListD
View As
FormE
CloseF
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