Tag: end of lease option

Fair Market Value (FMV)

Fair Market Value (FMV) is the value of the equipment at the end of the lease term which is based upon the economic life of the leased property. It is also measured by the average price a person would pay for the equipment at that given time. The fair market value of the equipment on a lease [...]

Dollar Buyout

An “end of lease” option where the lessee purchases the equipment for $1.00.


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