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Topic: New VPF through Christie?
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Andrew Thomas
Master Film Handler
Posts: 273
From: Pearland, TX, USA
Registered: Jun 2012
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posted 06-20-2013 03:07 PM
I got an email about Scrabble Ventures "VPF" program. It is kind of interesting actually. Scrabble is offering a lease-to-own program for the equipment that does not involve credit checks and personal guarantees. Instead, you sign over the rights to your VPF payments and pay a smallish deposit ($6,000-$10,000 depending on which Christie you go with) and then monthly payments ($600-$1000) for 60 months.
Essentially, Scrabble will offer you a pretty normal 5 year lease on the Projector/Lens/IMB/NAS regardless of your credit by signing over your VPF payments to them.
Certainly this is a bad deal if you are a theater that has the $$ or the ability to get financing for the equipment yourself. But I'm guessing the guys who haven't converted or got into a VPF program yet are exactly the people who don't have the cash or financability to go the more "traditional" VPF route. For those owners, this may be the only way they keep operating once the end of 35mm gets here.
*edit* Here is the actual price list.
Solaria One
Down: $6,000.00 Month: $600.00
Projector with IMB Lamp CDXL-21SI Lens NAS
Solaria One+
Down: $6,240.00 Month: $650.00
Projector with IMB/motor kit Lamp CDXL-21SI Lens Christie NAS
CP2210
Down: $7,424.00 Month: $773.00
Projector Lens Lamp CDXL-18SD Christie IMB Christie NAS
CP2220
Down: $7,537.00 Month: $785.00
Projector Lens Lamp CDXL-30SD Christie IMB Christie NAS
CP2230
$9,027.00 $940.00
Projector LPS Lens Lamp CDXL-60 Christie IMB Christie NAS
CP4220
Down:$8,296.00 Month: $865.00
Projector CP4220 Shroud Lens Lamp CDXL-30SD Christie IMB Christie NAS
CP4230
Down: $10,017.00 Month: $1,043.00
Projector LPS CP4230 Shroud Lens Lamp CDXL-60 Christie IMB Christie NAS
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