 Senior Member
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Join Date: May 2008
Location: Birmingham, UK
Posts: 365
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Lease to buy?
I'm really getting desperate for a new camera now, what are peoples thoughts on leasing to buy?
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Kit 1 Canon 7D Canon EF-S 15-85mm f/3.5-5.6 IS USM Canon EF 50mm f/1.8 II Canon Speedlite 430ex II |
Other Kit View my profile to see my other kit! |
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My Compact/P&S: Nokia N95 8gb - 5.0mpx |
 Admin Team
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Join Date: Sep 2007
Location: South Wales, UK
Posts: 15,385
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Do you know any places that do it Dan?
How about getting interest free credit? Sometimes some credit cards give you 10 months interest free - could that be an option?
How about getting interest free credit? Sometimes some credit cards give you 10 months interest free - could that be an option?
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |
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Senior Member
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Join Date: May 2008
Location: Birmingham, UK
Posts: 365
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Calumet offer a lease to buy option. that I've been considering.
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Kit 1 Canon 7D Canon EF-S 15-85mm f/3.5-5.6 IS USM Canon EF 50mm f/1.8 II Canon Speedlite 430ex II |
Other Kit View my profile to see my other kit! |
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My Compact/P&S: Nokia N95 8gb - 5.0mpx |
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Admin Team
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Join Date: Sep 2007
Location: South Wales, UK
Posts: 15,385
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I couldn't see any lease>buy info on their site... how much does it work out? I'd have thought it would quickly end up costing more?
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |
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Senior Member
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Join Date: May 2008
Location: Birmingham, UK
Posts: 365
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http://www.calumetphoto.co.uk/Digita...By=rank&page=4
If you look it says 'leasing option available' next to some items.
If you look it says 'leasing option available' next to some items.
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Kit 1 Canon 7D Canon EF-S 15-85mm f/3.5-5.6 IS USM Canon EF 50mm f/1.8 II Canon Speedlite 430ex II |
Other Kit View my profile to see my other kit! |
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My Compact/P&S: Nokia N95 8gb - 5.0mpx |
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Admin Team
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Join Date: Sep 2007
Location: South Wales, UK
Posts: 15,385
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So...
D300s and 35mm lens - buy it price £1299
1ST MONTHLY RENTAL £95.05
35 MONTHLY RENTALS £45.05 x 35 = £1621.80
Total cost = £1716.85
Total interest paid = £417.85, or £139 a year
Would they give you 'new' gear to begin with? If so I guess it's worth considering even tho it seems like you're giving hundreds away :-/
Do you have any other options? Like 10-months interest free credit? Anything saved up to perhaps go for 'cheaper' gear?
D300s and 35mm lens - buy it price £1299
1ST MONTHLY RENTAL £95.05
35 MONTHLY RENTALS £45.05 x 35 = £1621.80
Total cost = £1716.85
Total interest paid = £417.85, or £139 a year
Would they give you 'new' gear to begin with? If so I guess it's worth considering even tho it seems like you're giving hundreds away :-/
Do you have any other options? Like 10-months interest free credit? Anything saved up to perhaps go for 'cheaper' gear?
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |
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Senior Member
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Join Date: May 2008
Location: Birmingham, UK
Posts: 365
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It is brand new gear, and you can pay it off as soon as you can, meaning the quicker its paid the less interest incurred.
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Kit 1 Canon 7D Canon EF-S 15-85mm f/3.5-5.6 IS USM Canon EF 50mm f/1.8 II Canon Speedlite 430ex II |
Other Kit View my profile to see my other kit! |
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My Compact/P&S: Nokia N95 8gb - 5.0mpx |
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Admin Team
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Join Date: Sep 2007
Location: South Wales, UK
Posts: 15,385
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Ah that's quite interesting then - so you just pay off the balance? Or do they calculate an interest based repayment?
Wonder if they would allow the other way - you pay off as much as you can upfront, and lease the last part, potentially saving you on interest...
Wonder if they would allow the other way - you pay off as much as you can upfront, and lease the last part, potentially saving you on interest...
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |
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Senior Member
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Join Date: Mar 2008
Location: uk/usa
Posts: 10,146
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Looks like a good idea Dan 
but it depends on the interest, have you got some of the money saved up for it already? Interest can be a killer,I did the same thing for my one of my guitars years ago, but the interest was unbelievable.
I did something similar with my new lens Nikon 24- 70mm, rented it ,loved it so much I then bought it,it's 3 months old,and like new.
but it depends on the interest, have you got some of the money saved up for it already? Interest can be a killer,I did the same thing for my one of my guitars years ago, but the interest was unbelievable.I did something similar with my new lens Nikon 24- 70mm, rented it ,loved it so much I then bought it,it's 3 months old,and like new.
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Admin Team
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Join Date: Sep 2007
Location: South Wales, UK
Posts: 15,385
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/off-topic/
You kept that quiet Moonie! What are the photos like!?
I am considering forgetting the compact idea and just getting a new DSLR.. maybe it wasn't the size - just boredom that stopped me taking it out! Been waiting so long for a D400 now that I may just get an in between model D90, or even consider one of the canons
/off-topic/
You kept that quiet Moonie! What are the photos like!?
I am considering forgetting the compact idea and just getting a new DSLR.. maybe it wasn't the size - just boredom that stopped me taking it out! Been waiting so long for a D400 now that I may just get an in between model D90, or even consider one of the canons
/off-topic/
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |