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This particular lease structure allows you to purchase the equipment outright at the end of the lease for a nominal amount of $1. Our $1 purchase option document is in plain English and does not require written notification before the end of the lease. After the last lease payment is made, rest assured that the equipment covered in the lease will be yours for $1… no small print, no hassles, no negotiation needed! This is the most common option for companies that wish to keep the equipment at the end of the lease.
10% mandatory purchase option
This lease structure allows you to purchase the equipment outright at the end of the lease for 10% of the original equipment cost. This allows for lower monthly payments with a predetermined (10%) purchase option at the end of the term.