FMV vs. $1.00 Buyout Lease: Which Leasing Option Fits Your Business Best?

When it comes to leasing a printer, businesses are often faced with two common options: FMV (Fair Market Value) leases and $1.00 Buyout leases. Both options have their unique advantages, but understanding the key differences will help you choose the best fit for your business needs and budget. Let’s break them down.


What Is an FMV Lease?An FMV lease offers a budget-friendly solution by providing lower monthly payments. At the end of the lease term, you have the option to return the equipment, upgrade to a newer model, or purchase the printer at its fair market value.
Advantages of an FMV Lease:

• Lower monthly payments: Ideal for businesses looking to minimize upfront costs.
  
• Access to the latest technology: Most clients prefer to upgrade to newer models at the end of the lease, keeping their equipment up-to-date.
  
• Flexibility: If your business needs change, you can opt for new equipment without being tied to older technology.
  

Who Should Choose an FMV Lease? This option is perfect for businesses that value staying current with technology and prefer predictable, lower payments over ownership.


What Is a $1.00 Buyout Lease?With a $1.00 buyout lease, you pay slightly higher monthly payments, but at the end of the lease, you can purchase the printer outright for just $1.00. This option is essentially a lease-to-own model.
Advantages of a $1.00 Buyout Lease:

• Ownership: Once the lease ends, the equipment is yours with a minimal final payment.
  
• Long-term cost savings: If you plan to use the equipment for many years, this lease type can be more cost-effective.
  
• No need to upgrade: Many of our clients continue using their printers long after the lease ends, paying only for service.
  

Who Should Choose a $1.00 Buyout Lease? This option is ideal for businesses that want to own their equipment and don’t mind paying slightly higher monthly payments to achieve that.


Key Considerations When Comparing Leases
When comparing quotes from multiple vendors, it is important to make sure you are comparing apples to apples, that is, you should make sure you are comparing FMV lease options with other FMV lease options, not with $1.00 Buyout options. 
When deciding between an FMV lease and a $1.00 buyout lease, consider the following:

1. Budget: Are lower monthly payments more important, or is long-term ownership your goal?
   
2. Technology Needs: Do you prefer upgrading to newer models regularly, or are you comfortable using the same equipment for years?
   
3. Business Longevity: If you expect your business needs to change significantly, an FMV lease might offer more flexibility.
   

Why Clients Choose FMV LeasesThe majority of our clients opt for FMV leases because they are:

• More budget-friendly due to lower monthly payments.
  
• Convenient for businesses that prefer to upgrade to the latest technology at the end of the lease.
  

However, for clients who prefer to keep their equipment long-term, the $1.00 buyout lease remains a great choice.


Still Not Sure? Let Us Help!
Choosing the right leasing option is a big decision, but you don’t have to make it alone. Our team is here to help you evaluate your business needs and recommend the best solution for your budget and goals.
Contact us today to learn more about FMV and $1.00 buyout leases. We’ll help you make a decision that keeps your business productive and cost-efficient!