Provision of the equipment lease, allowing the lessee to purchase the leased asset for its true market value. This value is generally determined by an independent, knowledgeable third party. The optio [..]

An option to purchase leased property at the end of the lease term at its then fair market value. The lessor does not have the ability to retain title to the equipment if the lessee chooses to exercise the purchase option. Funding Source

Your right to purchase the vehicle you have leased according to terms specified in your lease agreement for a price determined by referring to a readily available guide to used car values or to another independent source.