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Multi Networks Soulutions

A Document Management Company

Q: When leasing equipment do we go with an FMV or dollar out option?

A: if your company has decided to lease you have two different lease options such as FMV ( Fair Market Value) and a dollar out lease option. On the fair market value lease option your payment structure will be less because there would be a 15% residual at the end of your lease and that will be tagged to the price of the equipment if you decide to buy the unit at the end of the contract. On the Dollar out lease program, your payments are going to be higher because there is no 15% residual tag on to the end of your lease. Primarily at the end of the contract for $1 above your regular res payment you get to keep the equipment.