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End Of Lease Options

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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Related Links

Apply Online
Submit a lease application on-line.

Quick Quote
Use our quick quote tool to generate a proposal letter.

Payment Calculator
Use our tool to calculate your lease payment.

For more information on your leasing options, please contact leasing consultant Jefferson Peters @ 800-247-3722.


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1201 West US Highway 20, Michigan City IN 46360
(800) 438-6203
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