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Every contractor hits this crossroad at some point:👉 Do I lease that new skid steer, dump truck, or excavator… or just buy it outright?

Every contractor hits this crossroad at some point:👉 Do I lease that new skid steer, dump truck, or excavator… or just buy it outright?

Here’s the short version 👇

Buying:🔨 Big upfront deduction with Section 179 or bonus depreciation (you can often write off the full cost right away).💵 You own the asset and build equity.📉 But it hits your cash flow — large upfront payments, plus maintenance and financing costs.

Leasing:🛠️ Lower upfront cost, predictable monthly payments.🧾 Payments are fully deductible as an expense.🚫 No ownership at the end, and sometimes you’ll pay more over time.

The tax bottom line:If you’re having a profitable year, buying often makes sense — you get a bigger write-off now.If you need to preserve cash flow, leasing keeps your monthly costs lean while still getting deductions.