Lease mechanics
End of Lease Buyout
5.0 from 150 Google reviews. Serving Australian businesses since 2010.
What is End of Lease Buyout?
An end of lease buyout is an industry option on some leases, a final payment transferring ownership of the device. Our agreements do not offer one.
An end of lease buyout is an optional final payment at the end of a lease term that transfers ownership of the device to the business, instead of returning it or upgrading to a newer one.
Where a buyout is offered, the amount is generally based on the fair market value of the equipment at that point, and the figure and conditions are set out in the lease agreement.
Most operating leases for printers are built around upgrade, continue, or return as the standard end of term choices, with a buyout offered as an additional option rather than the default path.
Because a printer is typically 3 to 5 years old and out of warranty by the time a buyout is considered, it is worth weighing the buyout figure against continuing on a fresh lease with maintenance and toner included.
Our agreements do not end in ownership.
The three end of term choices are to return the device, move onto a new term with an upgraded device, or continue on the equipment you already have.
In short
- An industry option on some leases, priced against fair market value.
- A final payment that transfers ownership instead of returning the device.
- Not how our agreements work. Ours end in return, upgrade, or continue.
End of term choices
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Frequently asked questions
What is a fair market value buyout on a printer lease?
On leases that offer one, it is a final payment based on the fair market value of the equipment, transferring ownership instead of the device being returned.
Our agreements do not include a buyout.
They end in return, upgrade or continue.
Is a buyout worth it at the end of a printer lease?
Where a lease offers one, it depends on the device and the buyout figure.
By the end of the term the printer is typically 3 to 5 years old and out of warranty, so the figure is worth weighing against a fresh lease with maintenance and toner included.
Our own agreements do not offer a buyout.
Cyrus Dickie
Founder, Global Document Solutions
You deal with the founder directly, from first quote to ongoing support, since 2010.
Authored by Cyrus Dickie, Founder at Global Document Solutions. In the industry since 2010.
See it on a lease page
Related terms
- Residual ValueResidual value is the estimated worth of leased equipment at the end of the term, and it determines who carries the end of lease risk.
- Lease TermA lease term is the fixed contract period, stated in months, during which you pay to use the equipment. Most business terms run 36 to 60 months.
- Auto Renewal ClauseAn auto renewal clause automatically extends a lease unless the customer gives written notice inside a set window before the end date.
- Operating LeaseAn operating lease lets a business use equipment such as a printer for a fixed term and return it at the end, without taking ownership.
- Finance LeaseA finance lease is an agreement under which a business effectively finances the purchase of equipment and carries most of the risks of ownership.
Enquired on Monday and had a printer installed by Friday. Fast, easy, and exactly what we needed.
We have been using Global Document Solutions for about eight years now and would not go anywhere else.