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How do I terminate or buy the equipment before the lease term is over?

If you decide to either terminate the lease before maturity or purchase the equipment during the lease term it is important to be aware that, in general, leasing companies are entitled to fair compensation for the expected income and administrative costs related to the termination of your lease. In the extreme, terminating a lease can result in your requirement to completely fulfill the obligations of the lease agreement.


Last Updated:  August 5, 2020