Lease mechanics
End of Lease Buyout
What is End of Lease Buyout?
An end of lease buyout is a final payment that lets a business take ownership of a leased printer instead of returning it or upgrading.
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.
In short
- A final payment that transfers ownership instead of returning the device.
- Generally priced against the fair market value at the end of the term.
- Offered alongside the standard upgrade, continue, or return choices.
End of term choices
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Frequently asked questions
What is a fair market value buyout on a printer lease?
It is a final payment, based on the fair market value of the equipment at that point, that lets you take ownership of the device instead of returning it.
The figure and conditions are set out in your lease agreement.
Is a buyout worth it at the end of a printer lease?
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 it is worth weighing the buyout against continuing on a fresh lease with maintenance and toner included.
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.
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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.
- 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.
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$160/month
ex GST
Lease term
36 to 60 months
- Maintenance and genuine toner included
- You only buy paper
- Same business day response, Mon to Fri
- No obligation, and no automatic renewal without your written approval