Market Value (FMV):
With this option, the customer can purchase the equipment for
approximately 12 to 20% of the original cost, depending on the
lease term (this provides the lowest monthly payment of all
programs). This type of lease is a true lease/rental and is
usually 100% tax deductible (have the end user consult with their
tax accountant for eligibility).
Ten Percent (10%): The
customer can elect to purchase the equipment, which is guaranteed
to be 10% of the original cost.
One Dollar ($1.00): If the
customer is certain that they want to own the equipment at the end
of the lease term, they can purchase it for $1.00. (Monthly
payment is generally higher to allow for $1.00 buyout at term's
end).
(C)2001 Steve Karas and Associates
