Mr Walton buys another van
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(crisp, crusty loaves fresh-baked this morning!)
Torn Walton needed a new van. bleededj t here and now. But he couldn't afford here and now to pay thefull price. 'So what was he to do ? He could do one of two things. First —wait till he could afford the full cash price— several hundred pounds or so. By which time he might have missed the chance to add much extra business, losing substantial profits.
Second—he could buy the van on credit through UDT (which is, in fact, what he did). Of course it meant he paid a little extra : but that extra was nothing to th extra profits ofhaving the van this year instead of next And U DT also finance the road tax and insurance spreading these payments too over the months.
By the time he makes the final monthly payment a U DT, Tom Walton expects.his van to have paid fo itself. Maybe there's no such thing in business as havin your cake and eating it — but buying on credit througl U DT comes very, very close!