In today’s competitive farming landscape, precision matters more than ever. Technologies like GPS guidance systems, soil monitors, and yield mapping tools have revolutionized agriculture — but they often come with a high price tag. Fortunately, leasing precision agriculture technology makes it easier for farmers to access the latest innovations without a massive upfront cost.
Yes! Farmers can lease precision agriculture equipment — including GPS systems, field monitors, sensors, and software — through equipment leasing programs, ag-tech providers, and agricultural lenders.
Precision agriculture improves crop yields, lowers input costs, and increases farm efficiency. But many of the latest tools can cost thousands. Leasing allows you to:
Access the latest GPS and sensor technologies
Avoid full purchase price upfront
Easily upgrade as new tech becomes available
Match payments to seasonal cash flow
Reduce risk of tech obsolescence
You can lease nearly all core technologies used in precision farming, including:
Auto-steer systems
RTK (Real-Time Kinematic) GPS units
Tractor display monitors (John Deere, Trimble, AG Leader)
Soil moisture and nutrient sensors
Crop health sensors and NDVI drones
Variable rate application (VRA) controllers
Yield monitoring systems
Field mapping software
Cloud-based ag data platforms
Multi-spectral drones
Drone data processing software
Lease-to-own drone bundles
| Technology Type | Estimated Cost | Lease Estimate (3 yrs @ 7%) |
|---|---|---|
| GPS auto-steer system | $12,000–$20,000 | ~$370–$620/month |
| RTK base station | $10,000–$18,000 | ~$310–$550/month |
| Field monitor + sensors | $8,000–$15,000 | ~$250–$460/month |
| Drone + software bundle | $6,000–$12,000 | ~$190–$370/month |
Many brands offer in-house leasing (e.g., Trimble, John Deere, Raven)
Often includes setup, training, and service
Bundle multiple tools into one lease
Independent leasing companies specializing in ag technology
May offer seasonal payment structures
Option to lease new or refurbished units
Familiar with farm cycles and ag-specific ROI
Flexible terms tied to harvest seasons
Can bundle tech leasing with traditional equipment financing
Assess your farm’s tech needs and budget
Get quotes from at least two leasing providers or ag-tech dealers
Submit an application with financial documents
Review lease terms (length, upgrades, buyout options)
Schedule installation or delivery
Monitor ROI and optimize usage throughout the season
Related: Understanding the Equipment Leasing Process Step-by-Step
| Leasing | Buying |
|---|---|
| Low upfront cost | Full ownership immediately |
| Easier tech upgrades | Higher upfront investment |
| Flexible terms with service options | May require separate warranties |
| May preserve capital for seed and fertilizer | Potential long-term savings |
To lease GPS and monitoring systems, most providers require:
Business/farm registration or EIN
Recent tax returns or farm financials
Equipment quote or invoice
Credit score
(600+ recommended)
Down payment (optional but helps approval)
Lease GPS guidance, soil sensors, drones, and farm monitors
Lower upfront cost with flexible lease terms
Upgrade ag technology and boost efficiency without large investments
Precision farming is the future — but keeping up with ag-tech doesn’t have to strain your budget. Leasing lets you access cutting-edge GPS, sensors, and data tools while preserving capital for other priorities. If your goal is to farm smarter and scale your operation, leasing ag tech might be your best next step.
Ready to optimize your farm with precision tools?
Apply now to lease GPS systems, soil sensors, drones, and more with flexible, farm-friendly terms designed to boost yields and profitability.