Barudan Elite Pro

By kdeware on Apr. 10, 2009
United States

Like new condition, 15 needles. Two years old. Used for one year. Includes Barudan stand, many hoops and cap attachment. Sold new for over $16,000 in 12/2006.

I leased the machine and I need to buyout the lease (going out of business).

Make me a reasonable offer and it is yours.

Embroidery

There are 7 Comments

Submitted by kdeware on Tue, 04/14/2009 - 17:10

Let me clarify this offering. The machine includes:

- digitizing TES software from Barudan to create your own embroidery patterns.
- All the hoops you need - pairs of hoops: round 18 CM, 15 CM, 12 CM, 9 CM and pairs of 330x438 and 300x290
- Cap attachment

Submitted by kdeware on Fri, 04/17/2009 - 10:06

fathead one wrote:
How much are you asking? How much is lease buy out?

I have placed this unit on Craigslist for $10,000.

I owe somewhere about $15,000 if I purchase the equipment. Assuming the lease would entail monthly payments of $344 for 33 more months ($11,352 outlay) with an approximate $1,650 purchase price at the end of the lease. I am presently working with Beacon Funding to understand why they are seeking a buyout from me today at over $15,000 when the entire lease and purchase per the contract is roughly $13,000...but that is another matter.

Submitted by Eric on Sun, 04/19/2009 - 22:35

eeesh ... Beacon Funding are some shady Bas***ds. They are the bank of america of leasing companies, they will fee you to death. I'm confused though ... did you ask what the buyout was? Did they recall the financing? Or is it a default situation and they accelerated the note? At any rate, thats really none of my business.

To get the the point here. I am located in Worcester, MA only about 45 minutes from you. I would be interested in your machine, I can come pick it up, and I can pay cash.

Submitted by kdeware on Sun, 04/26/2009 - 08:48

Sorry for delay in reply.

I have settled with Beacon Funding and now own the equipment. I paid all remaining lease payments and 10% buy out for $13,500.

Machine is still available for purchase and pickup. Please contact me ASAP if interested.

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