Fair Market Value Lease
Get the lowest possible lease payment with an end of lease purchase option not to exceed the fair market value of the equipment. This type of lease may have significant tax advantages.
$1 Purchase Option Lease
This lease type entitles the customer the benefits of ownership, such as interest and depreciation deductions. After all the lease payments are made, the customer can purchase the equipment for $1.00.
10% Purchase Option Lease
At the end of the lease, the option to purchase is fixed at 10% of the original cost allowing for lower monthly lease payments and a predictable cost of purchase at the end of the initial lease term.
Always check with your accountant on the best leasing option.