Upgrade Calculator
Johnson Reed upgrade facility works for you
At any time during an agreement a certain proportion of your original equipment can be exchanged possibly without any increase in rental payments (see table below):-
Percentage of equipment that can be added with no increase in rental payable:-
| Monthly Payments Made |
|
18 |
24 |
36 |
48 |
60 |
| 5 Years (60 months) |
% |
20 |
29 |
48 |
71 |
100 |
| 4 Years (48 months) |
% |
29 |
40 |
67 |
100 |
|
| 3 Years (36 months) |
% |
43 |
60 |
100 |
|
|
Example:-
As you will see from the above table, during a 3 year agreement, when 24 monthly payments have been made you may:- By signing a new 3 year agreement add new equipment to the value of 60% of the original cost with no increase in rental payment. Adjust your payments – should you require more or less equipment, at this or any other time, your needs can be accommodated and the rental payment will be adjusted accordingly.
E & OE. |
