Comparison between Lease and Purchase

Comparison between Lease and Purchase

Comparison between Lease and Purchase

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Item Rental Purchase
Easy budget reduction and A/S
  • Discounting effect of 85%in rental
  • No A/S after end of events
  • No need for wide storage place
  • 100% purchasing cost.
  • A/S personnel needed even after end of events.
  • storage place is needed for equipment with need for constant care against humidity, and temperature.
Subsidiary Facilities
  • Supplies facilities such as load body, and handling body.
  • Not able to use the equipment after end of events with separat epurchase.
Need for Expert
  • Every single maintenance will be handled by expert technician from lease company. (Emergency Stand-by)
  • Need to hire separate technician.
  • Inept against emergency.
Securing Spare Parts
  • Every responsibility is on us with spareparts.
  • Additional cost is needed for separate spareparts.
Training
  • User training will be held from lease company, Field training is available if needed.
  • Inept training from local trainer who had trained from the lease company.
Recommended Equipments
  • For spectators for the Stadium
    - Tunnel size of (H) 400 x (W)600mm
    - Easy to install in small areas. (Small bag from spectator)
  • For Athlete's Village
    - Tunnel size of (H)550 x (W)750mm
    - Most athletes use 29" suitcase that it needs to be inspected properly.
  • For VIP
    - Tunnel size of (H) 350 x (W)550mm
    - Relocatable if needed.
  • For Freights in Athlete's Village and Food Resources
    - Tunnel size of (H)1,000 x (W)1,000mm
    - Company and freights which pass village need to be inspected.
  • Lots of budget needed for each use.
  • Hard to use after events.
  • Hard to purchase equipment considering purchase, production, and transportation.
Maintenance Cost
  • Supported with Technicians.
  • Separate expert needed to be hired.
Spare Part
  • Supported by lease company.
  • Separate purchase needed. (about 5% of equipment cost)
Conclusion
  • Exclusive lease is needed for compatibility of equipment and convenience of maintenance.
  • It is hard to install several equipments in short time.
KOREA SCANTECH CO., LTD | Chief Executive Officer : SangDeok LEE | Corporate Registration Number : 109-86-52532
Headquarters : 285, Saetteo-ro, Sinpyeong-myeon, Dangjin-si, Chungcheongnam-do, Korea | TEL : +82)2-2665-5999 | FAX : +82)41-353-4199
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