Loch Gallery CALGARY opens new location April 27th at 314 12th Avenue SW
Meadow Rhythm by Ciba Karisik
Luke Skywalker by Patrick Amiot
https://www.lochgallery.com/exhibition/philip-craig-western-perspectives-april-27-may-15-in-calgary-1
John Hall, Framed:Phoenix 4, detail
PLAINS CALL by Ivan EYre at the Pavilion in Assiniboine Park Winnipeg
MONUMENTAL BLACK BEAR by Peter Sawatzky
THE BENEFITS OF LEASING CANADIAN ART
http://www.lochgallery.com/exhibition/recent-historical-acquisitions-toronto-calgary-winnipeg-until-december-19th
Skiing After the Hayrack in Manitoba by William Kurelek
Loch Gallery CALGARY opens new location April 27th at 314 12th Avenue SW
Meadow Rhythm by Ciba Karisik
Luke Skywalker by Patrick Amiot
Philip Craig "Western Perspectives" April 27-May 15 in Calgary
John Hall, Framed:Phoenix 4, detail
PLAINS CALL by Ivan EYre at the Pavilion in Assiniboine Park Winnipeg
MONUMENTAL BLACK BEAR by Peter Sawatzky
THE BENEFITS OF LEASING CANADIAN ART
RECENT HISTORICAL ACQUISITIONS
Skiing After the Hayrack in Manitoba by William Kurelek

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

craig2017_lilly_pad_point_36_40.jpg

Example:
Philip Craig, LILY PAD POINT
Oil on Canvas 36" x 40"
 
Monthly Payment:
$11,000.00 x 2.5% = $275.00 plus applicable taxes
 
Optional Buyout after 3 years:
Buyout = $4,400.00 plus applicable taxes
 
Optional Buyout after 5 years: 
Buyout = $1,100.00 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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