Leasing is Best Option to Save Capital, Says Dell

 Dell has announced new leasing and financing options for U.S.-based small, medium and large businesses and public entities. To help its customers manage their IT costs and help them save more, the company is also introducing important price moves on select systems and components.

 

As the economy shows more signs of deteriorating, companies are looking to save capital and opting to lease the necessary equipments from outside suppliers. This lets them avoid investments in new equipments and divert the capital to some other purposes.

 

To obtain profit from investments in products, the companies have to wait for a certain period. But in case of technology products, the technology may become obsolete before that period is over. This way, companies run the risk of blocking their investments on obsolete technologies.

 

To tackle this, Dell (News - Alert) has introduced various leasing options. One of them is the Zero percent financing available for qualified companies. Customers can now avail latest technology ownership lease terms from 12 to 48 months and benefit from fixed regular payments with rates as low as zero percent.

 

Another program introduced by Dell is the Fair Market Value (FMV) lease rotation program. This allows the customers to return or exchange their own technology at the end of the lease term. Dell claims that this solution reduces total cost of ownership by as much as 20.5 percent as companies can use FMV leasing for low monthly payments.

 

Dell is also introducing price reductions up to $500, or 17 percent, on various E6400 laptops. These laptops come with a 9 cell primary battery, additional 9 cell battery, mobile broadband card from any carrier, Vista Ultimate, WXGA+ LCD, VPRO with Intel (News - Alert) 5100 wireless card, 4GB6 2 DIMM memory7, and a 128GB8 mobility solid state drive.

 

Companies such as Davis & Wilkerson, P.C., an Austin-based law firm have already adopted the policy of leasing their IT equipments.

 

The policy of saving spending wisely may have to be looked at closely by Dell itself, as the company has reported a drop of 5 percent in its net income in the quarter ended Oct. 31.  Dell says this figure marks earnings of $727 million compared to $766 million a year ago.