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FMV Purchase Option / 2 Advanced Payments - Terms ( Months )
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12
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24
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36
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48
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60
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$1000 - 2999
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.0882
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.0478
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.0346
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n/a
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n/a
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$3000 - 9999
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.0818
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.0436
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.0311
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.0258
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.0222
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$10,000 - 24,999
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.0796
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.0425
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.0305
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.0252
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.0216
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$25,000 - 100,000
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.0786
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.0418
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.0303
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.0250
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.0211
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End of lease options:
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1) purchase the equipment at fair market value
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2) re-lease the equipment at fair market rental value
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3) trade up to the new equipment on a new lease
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4) return the equipment according to the lease
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Important: Softcosts (software, training, installation ) may not exceed 20% of equipment cost when using FMV purchase option.
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