At the end of your lease, you have several options: Return the equipment - Simply return the equipment
- Upgrade to new equipment
Keep the equipment - Negotiate to extend your lease retaining use of equipment
- Purchase the equipment
End of lease programs: Fair Market Value (FMV) This program is often chosen by those who: - Are interested in tax and accounting benefits that come with off-balance-sheet payments which are considered an operating expense.
- Wish to simplify asset management and reduce TCO (total cost of ownership) synching your lease term with the technology cycle.
- Use a FMV lease's lower monthly payments to stretch budgeted dollars
At lease's end the equipment can be purchased for its then Fair Market Value. $1 Buyout The $1 Buyout option is intended for customers who intend to own the equipment at lease's end. |
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For more information on your leasing options, please contact leasing consultant Jefferson Peters @ 800-247-3722.
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