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