you can pay me now....

[Wimblees@aol.com]

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In a message dated 7/1/02 7:32:27 PM Central Daylight Time, 
ilvey@sbcglobal.net writes:


> Yeah and the pianos would be trashed in 5 years and hard for the leasing 
> company to resell...might need to drop that lease period to 2 or 3 
> years...I suppose this is similar to what Yamaha is doing with the school 
> program but the pianos don't cost the schools anything?  I'm sure schools 
> do a lot of leasing of office equipment etc...straight ahead write off...
> 

I don't understand what you're saying here. Are you talking about a leasing 
program or a loan program? If it is a loan program, as Andrew said, a dealer 
can pull out any time. That is what happened to us. We just lost 12 pianos, 
and now we have to spend $200,000, which we wanted to use to buy percussion 
and other equipment, to buy 12 new pianos.  And under a loan program, the 
school is responsible for the maintenance. So there is no savings there. And 
a leasing program will cost way too much money over a long period of time, as 
I indicated before.

Wim 

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