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. |