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Old December 25th, 2007, 07:02 PM   #1
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Financing equipment

Hello everyone,

I am looking to purchase a Sony Z1u soon but am having trouble finding the best route to finance it. I have been looking into "rent-to-own" but have really had no experience in doing so. I found a site that does rent-to-own but not for the Z1u. Anyone have any good experiences with any certain dealer or perhaps have a good suggestion?

Thank you!
-Terry Lee.

Last edited by Boyd Ostroff; December 26th, 2007 at 09:05 AM. Reason: non-sponsor link
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Old December 25th, 2007, 10:35 PM   #2
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Financing Equipment

Hi,

B & H Photo will sell you the unit at a competitive price and offers their "Bill Me Later" option (listed on their website accompanying product information).

This provides basic 6 months financing, with no interest charges during that period, provided the full amount is settled at the end of the 6 months. Only a basic credit check is required, and completed over the phone with B & H in less than 3 minutes.

Good Luck,

John
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Old December 25th, 2007, 11:19 PM   #3
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Thanks John.

Thats good because I like B&H and they seam to have a very well recognized reputation in film production and broadcasting. Their prices are very good considering the options available.
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Old December 26th, 2007, 08:10 AM   #4
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"Rent-to-Own" will typically cost you the most, and in my opinion is so bad I would never consider it.

Credit card offers with introductory rates of 3.9%, 1.9%, 0% abound. If you're so keen on borrowing to get the camera, why not go that route?

I believe the best option is to simply rent the equipment you need until you have saved enough cash to buy. Then buy used if possible.
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Old December 26th, 2007, 08:10 AM   #5
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The B&H option sounds good if you can pay it off in 6 months. I have used a 0% credit card in the past. I think I had 12 months to pay it off.
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Old December 26th, 2007, 09:38 AM   #6
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Terry,

I live in Louisville and we rent out our Z1U's. Shoot me an email if you are interested.

Thanks
Tim
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Old December 26th, 2007, 10:51 PM   #7
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Originally Posted by Dave Pecunies View Post
The B&H option sounds good if you can pay it off in 6 months. I have used a 0% credit card in the past. I think I had 12 months to pay it off.
you got the credit card through B&H?
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Old December 26th, 2007, 10:52 PM   #8
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Originally Posted by Tim Snyder View Post
I live in Louisville and we rent out our Z1U's. Shoot me an email if you are interested.
Tim
Do you have a studio or business in Louisville?
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Old December 29th, 2007, 11:18 PM   #9
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We had a retail store for a while, but we were never there since we were always out of town shooting. Now we just work out of our house!
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Old December 30th, 2007, 01:40 AM   #10
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Hi Terry
i bought a Fx1 direct from sony on line before i bought my JVC 110 from B&H
Sony will finance their own cameras.
the only problem is you pay full price

Just a thought
Joe
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Old December 30th, 2007, 08:48 PM   #11
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Originally Posted by Tim Snyder View Post
We had a retail store for a while, but we were never there since we were always out of town shooting. Now we just work out of our house!
Haha, well what better reason!

I will certainly keep you in mind once I began shooting on a higher scale. Right now I am simply trying to learn the tricks of the trade. Without first obtaining a camera, I won't be able to do that. And of corse without the ability to finance the equipment, I am stuck window shopping for now. Once I am more comfortable with everything, I am certain I will have to call upon local cinematographers for assistance. As I have learned, no single person can create a quality film, it will take a crew. I will of corse need a sound person, lighting expert, compositing/editor along with additional cameras. Once the time comes, I will keep the offer in mind. Do you have a business card or contact information available so that I can contact you?
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Old December 30th, 2007, 08:50 PM   #12
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Originally Posted by Joseph A. Benoit View Post
Hi Terry
i bought a Fx1 direct from sony on line before i bought my JVC 110 from B&H
Sony will finance their own cameras.
the only problem is you pay full price

Just a thought
Joe
So if you finance through Sony, there is a payment plan available?
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Old December 30th, 2007, 09:11 PM   #13
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Another option is a business equipment loan from your bank. Most of them will set up a line of credit for you to use for equipment purchases. If the LoC is for less than a certain amount (say $100k) then to approval process is usually somewhat simpler. It's likely you'll have other needs so go ahead and get approved for everything you might need. Debt sucks, so keep the term short and only borrow when it's really justified, i.e. you have paying gigs and the equipment is needed to help you make money.
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Old December 30th, 2007, 09:34 PM   #14
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What's wrong with the old credit card?
__________________
youtube.com/benhillmedia
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Old December 30th, 2007, 11:35 PM   #15
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What's wrong with the old credit card?
Interest rates :(
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DV Info Net refers all where-to-buy and where-to-rent questions exclusively to these trusted full line dealers and rental houses...

Professional Video
(800) 833-4801
Portland, OR

B&H Photo Video
(866) 521-7381
New York, NY

Z.G.C.
(973) 335-4460
Mountain Lakes, NJ

Abel Cine Tech
(888) 700-4416
N.Y. NY & L.A. CA

Precision Camera
(800) 677-1023
Austin, TX

DV Info Net also encourages you to support local businesses and buy from an authorized dealer in your neighborhood.
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