# Buy vs Lease Equipment - 2026 Decision Guide Malaysia ## Bank Financing Makes Buying Hard Many contractors lease equipment because buying requires 10-20% down payment at banks. Banks only finance 90% of equipment value. For RM 100,000 equipment, banks want RM 10,000 to RM 20,000 down. Most choose leasing to avoid this cash outlay. Banks also reject equipment older than 5 years, limiting purchase options. ## Ing Heng Makes Buying Easy with 0% Down We provide equipment financing with 0% down payment to BUY equipment. You get 100% full loan and own the equipment. No age limit means you can buy cost-effective used equipment. ## Comparison: Lease vs Buy with Ing Heng | Feature | Lease/Rental | Buy (Banks) | Buy (Ing Heng) | |---------|-------------|-------------|----------------| | Down Payment | Deposit | 10-20% | 0% | | Ownership | Never | After loan | From day 1 | | Equipment Age | New only | Under 5 years | No limit | | Monthly Cost | High | Medium | Competitive | ## Real Example: 3-Year Cost Comparison Equipment: RM 100,000 Forklift **Leasing Option:** - Monthly rental: RM 3,000 - 3 years total: RM 108,000 - Equipment returned: No asset value **Bank Purchase:** - Down payment: RM 10,000 - RM 20,000 - Loan: RM 90,000 - Monthly payment: ~RM 2,800 - 3 years total: ~RM 115,000 - Equipment owned: Worth ~RM 50,000 **Ing Heng Purchase:** - Down payment: RM 0 - Loan: RM 100,000 - Monthly payment: Competitive rate - 3 years total: Lower than banks - Equipment owned: Worth ~RM 50,000 ## Why Buying is Better Than Leasing **Ownership Benefits:** - You own the equipment - Asset has resale value - No ongoing rental payments - Modify equipment as needed - Use equipment as long as you want **Buying with Ing Heng:** - 0% down payment (same as lease deposit) - 100% financing - Build equity in equipment - Stop payments after loan term - Sell equipment anytime ## Equipment Types: Buy or Lease? **Buy These Equipment:** - Equipment used daily - Long-life equipment (excavators, lorries) - Core business equipment - Equipment that retains value - Customized equipment **Lease These Equipment:** - Short-term project needs - Specialized equipment (rarely used) - Testing new equipment types - Seasonal equipment needs ## 2026 Buying Advantages The 2026 budget favors equipment ownership: - Tax deductions on depreciation - Asset appreciation potential - No rental inflation - Equipment financing incentives - Business asset building ## Buy vs Lease Decision Matrix | Factor | Buy (Ing Heng) | Lease | |--------|----------------|-------| | Long-term use (3+ years) | Better choice | Expensive | | Short-term use (<1 year) | OK | Better choice | | Daily use | Save money | Waste money | | Customization needed | You can modify | Cannot modify | | Asset value | Build equity | No equity | ## Make the Right Choice for 2026 **Choose Buying When:** - Using equipment 3+ years - Need equipment daily - Want to build assets - Can afford monthly payments - Equipment retains value **Choose Leasing When:** - Short-term project only - Testing equipment type - Don't want maintenance responsibility - Need flexible terms ## Apply to Buy Equipment with 0% Down Want to buy equipment instead of leasing? Apply with Ing Heng for 0% down payment financing. **Contact Us:** **WhatsApp:** +60175700889 **Website:** inghengcredit.com **Email:** info@inghengcredit.com Buy equipment with 0% down payment in 2026. Own your equipment, build assets, stop renting.