Leasing

A Leasing Agreement has financial advantages and enables artwork to be placed at customer locations with a minimum outlay of cash. This preserves capital and builds equity in the artwork at current prices.

You can enjoy beautiful art in your home or office for a fraction of the cost of purchasing outright. Lease original paintings and limited edition reproductions for as low as $25.00 per month.

All of our artworks are available to qualified lessees provided the total number of pieces adds up to $1,000 or more.

Several types of leases are offered to enable acquisition of desired pieces:

1. Fair Market Value or Operating Lease -- This option offers flexible options whereby a decision to buy at any time, renew or extend the lease, return the art or buy it at fair market value at the end of the lease can be made at any time. Expensing the outlay as a business expense is tax friendly and preserves capital for other needs.

2. $1 End of Lease Buyout -- best for those fairly certain of keeping the art at the end of the lease term.

3. 10% Security Deposit Plan -- offers the lowest monthly payments with an option to buy or return the art at the end of the lease.

4. 10% Purchase Option Plan -- offers a fixed price purchase at the end of the lease with options to extend the lease, return the artwork or purchase the piece at the original Fair Market Value.

For outright purchases, we recommend PayPal which we believe to be the safest way to purchase by credit card.

Deja vu Artworks can also provide financing for purchases. Checks necessitate shipment on bank clearance.

Why Lease Artwork?

Conservation of Capital - The capital conserved, while leasing art as an operating expense, can be utilized for other capital expenditures. The average return on capital can range from 10% to 25% AFTER taxes.

Tax Benefits - An operating lease may allow 100% of the monthly payment to be included as an operating expense. Bank financing would allow only the interest costs to be included as operating expenses. Check with your tax advisor to determine how this may LOWER pre-tax income and REDUCE taxes.

Popular Business Option - Leasing has become an increasingly popular method of resource utilization because it offers a number of advantages over more traditional alternatives, such as cash purchase or bank financing. An art lease agreement is a contract in which the user (the lessee) pays for the use of the art while the lessor owns the art.

Conservation of Credit - A lease is not a loan. Borrowing reduces lines of credit. Leasing is an operating expense and hence, allows the customer increased borrowing capacity.

Off Balance Sheet Financing - An operating lease keeps the debt, and the corresponding asset, off the company's balance sheet. Therefore, borrowing debt covenants are circumvented, financial ratios are enhanced, and borrowing capacity is increased.