End of Lease Options

You are presented with several options at the end of your lease.

• Return the equipment
• Upgrade to new equipment
• Purchase and keep the equipment
• Keep the equipment and extend your lease agreement

Typical end of lease programs include:

• Fair Market Value (FMV)
  FMV is defined as - an option to purchase leased equipment at the end of the lease term at its then fair market value. FMV leases will typically have a lower monthly payment and is often selected by those who are looking for the tax and accounting advantages of an operating expense.
• $1 Buyout
  Dollar buyout programs are structured for businesses looking to purchase the equipment at the end of the lease term.