Fair Market Value (FMV)
At the end of the lease term, the lessee has the option to: extend the terms of the lease, return the equipment, or buy the equipment at its fair market value.

10% Purchase Option
This option will have a monthly payment slightly higher than FMV with a fixed purchase option at the end of the lease term. The options include: 1) continue to lease the equipment, 2) return the equipment, or 3) buy it at 10% of the original equipment cost. You may also apply to upgrade to new equipment.

$1.00 Buyout
This option typically will have the highest monthly payment. However once the lease term expires, the equipment can simply be purchased for $1.00.