Deciding whether to buy or lease farm equipment can be a difficult decision. Lance Stockbrugger explains the differences between buying and leasing in this video. • When it comes to farm equipment, most people choose to buy rather than lease • In most cases people choose leases for tax purposes, but often times purchasing equipment is the better tax decision • Leasing is a great option if you plan to turn over your equipment frequently or need expendable cash flow • Dealers should understand the needs of their customers before recommending leasing or buying