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.