Lease or Buy.

O

ozzy

Just wondering why people lease instead of buying? For example would it not be better to buy a seat on the CME instead of leasing? I'm not in the position to do such a thing just yet but I want to start gathering some information.

Thanks in Advance.

ozzy

addtion: I'm guessing the seat price would increase year over year. Is this not the case?
 
I think the last seat sale was approx 370K. I think if you have an office with multiple traders than its the way to go. Any other comments regarding seats/leasing?

Thanks

Quote from areyoukidding?:

1mm vs. 1500/mo, these are just guesses, that million aint no mortgage either, ie you need the cash.
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Ozz.. If memory serves me right, you would need an IOM membership to trade the electronically traded globex products.
 
lease is around $600 for the $375k seat

for starters, I'd definately lease maybe half a year
$3k ,
if I make much more money, maybe $100k off that $3k, of course I'd go and buy the seats and making my commission even lower,

but as always

try before you buy
$600 a month is spectacular to do just that :)
 
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