$1.00 Purchase Option - This option is essentially a finance agreement, similar to a bank loan. This allows the customer to own clear title to the equipment at the end of the lease term for $1.00 (or $101.00, depending upon state laws). This lease may qualify for depreciation benefits.

10% Purchase Option - 10% Purchase Option leases are used when a lessee is looking for a lower monthly payment, but wants to know what the actual purchase price will be at the end of the lease term. In all cases, the purchase price is 10% of the original equipment invoice. The lessee also has the option to return the equipment without further obligation.

Fair Market Value (FMV) - This structure is typically considered an operating lease by the IRS. Each monthly lease rental is treated as a "line item deduction" for tax purposes. At the end of the lease term the customer can return the equipment, continue the lease or purchase the equipment outright for the fair market value.

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