PHILIP CRAIG IN TORONTO - OUTSIDE IN, INSIDE OUT- FEBRUARY 25 - MARCH 11 2017
ONE POUND NOTE by William Kurelek
FRAMED: SHOOOTER by John Hall
PLAINS CALL by Ivan EYre at the Pavilion in Assiniboine Park Winnipeg
EXCHANGE II by W. David Ward
SNOW PINES by Philip Craig
DOWN POUR by David Thauberger
MONUMENTAL BLACK BEAR by Peter Sawatzky
BEACH MOMENT by Ivan Eyre
BENEFITS OF LEASING CANADIAN ART
http://www.lochgallery.com/exhibition/recent-historical-acquisitions-toronto-calgary-winnipeg-until-december-19th
40 Years Building the Finest Collections in Canada
PHILIP CRAIG IN TORONTO - OUTSIDE IN, INSIDE OUT- FEBRUARY 25 - MARCH 11 2017
ONE POUND NOTE by William Kurelek
FRAMED: SHOOTER by John Hall
PLAINS CALL by Ivan EYre at the Pavilion in Assiniboine Park Winnipeg
EXCHANGE II by W. David Ward
SNOW PINES by Philip Craig
DOWN POUR by David Thauberger
MONUMENTAL BLACK BEAR by Peter Sawatzky
BEACH MOMENT by Ivan Eyre
BENEFITS OF LEASING CANADIAN ART
RECENT HISTORICAL ACQUISITIONS
43 Years Building the Finest Collections in Canada

Art Leasing

Leasing Program

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.

Art Lease with Optional Anniversary Buyout

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:

  • 2 Years 60% of Original Value
  • 3 Years 40% of Original Value
  • 4 Years 20% of Original Value
  • 5 Years 10% of Original Value

Otter Creek Oil on Canvas

Example:
Philip Craig, OTTER CREEK
Oil on Canvas 40" x 48"
 
Monthly Payment:
$12,000.00 x 2.5% = $300.00 plus applicable taxes
 
Optional Buyout after 3 years:
Buyout = $4,800.00 plus applicable taxes
 
Optional Buyout after 5 years: 
Buyout = $1,200.00 plus applicable taxes
North Watch Bronze Example:
Ivan Eyre, NORTH WATCH
Bronze: 34" x 20" x 32.5"

Monthly Payment:
$40,000.00 x 2.5% = $1,000.00 plus applicable taxes

Optional Buyout after 3 years:
Buyout = $16,000.00 plus applicable taxes

Optional Buyout after 5 years:
Buyout = $4,000.00 plus applicable taxes

 

 

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