FAQ: Is owning more cost-effective than leasing?
Answer
The best solution depends on your situation. You may do a net present-value comparison between lease and purchase, and conclude that owning is cheaper. But as we described in the previous answer, the cost of cash is often higher than the debt rate.
Cash is a scarce asset on the balance sheet, and a reasonable position is to use the Weighted Average Cost of Capital as the discount factor.
Even if you believe today that the equipment will be kept for a long-time, a lot of things can change. A 36-month fair market value lease preserves substantial future flexibility at little or no additional cost.
Jason De Silveira, founder and CEO of Nexxis Technology, has always had a sharp focus on robotics, education, and real-world solutions. Throughout his career, he’s stayed committed to pushing the boundaries of robotics and helping industries strengthen their approach to asset integrity and robotic inspection.
With a background in operations, commissioning, and start-ups of new facilities, Jason leads Nexxis with a hands-on understanding of what real projects demand. Under his leadership, Nexxis has become known for developing innovative robotic systems that deliver better data, boost safety, and take the risks out of confined space and working-at-height inspections.
What makes Jason stand out? A passion for innovation, a proven ability to bring people together, and a genuine drive to help clients get the right solution — not just an off-the-shelf fix. With a strong focus on customisation and future-ready technology, he’s helping to shape the next generation of robotics.
