It’s in the Fine Print

3) End-of-Lease Options: Be certain you receive at least three flexible end-of-lease options:

A. Return the equipment when it no longer serves the organization’s needs—without fees, fines or penalties.

B. Renew the lease for an extended period. When the decision to buy or return the equipment is not final, it is helpful to have the option to extend the lease for a few additional months. Avoid one-year forced renewals. The best renewal option is month-to-month with reduced lease payments—after all, the equipment is now worth less.