Our leasing programs are a convenient and economical way for our clients to build their art collections. The lease agreements are made directly between our clients and Loch Gallery; no outside leasing or finance company is involved. Please contact us for more details about the tax benefits of this program.
Monthly lease payments are based on 2.5% of the retail value of the artwork. The lessor has the option to buy-out the lease (in whole or in part) on the second, third, fourth or fifth anniversaries. The minimum term of the lease is 24 months.
Buy-out option rates are as follows:
| Original market value Monthly payment CAD $25.00 + tax Buyout example (3 year) CAD $400.00 + tax Buyout example (5 year) CAD $100.00 + tax |
As a member of My Loch Gallery you can set up a collector profile, save artworks and be notified of new work by your favourite atists, access to our newsletter, and more.