System Rental / Leasing

Finance Lease

Under a Finance Lease, the lessee (the customer) is able to claim the benefits of ownership for IRS purposes (the lessor, however, is the actual owner). That means the lessee is entitled to claim depreciation and interest expense deductions in lieu of an operating expense deduction.

We offer two types of Finance Leases:

• The $1 purchase option lease
• FMV (Fair Market Value buy out)

$1 Purchase Option Lease

This type of lease is suited to businesses that plan to keep their equipment after their lease term ends. At the end of the lease, three options are available: Replace equipment with the latest technology (and enter into a new lease agreement) Purchase the equipment for $1, or return the equipment to the lessor.

FMV Lease

This lease structure is designed for businesses that want the flexibility to purchase, continue leasing, or return the equipment at the end of the term, but want to lock in end-of-lease costs at the time the lease is initiated.

At the end of the lease term, the following options are available:

• Replace equipment with the latest technology (and enter into a new lease agreement)
• Purchase the equipment at the current Fair Market Value (to be determined within 60 days of the expiration of the lease)
• Return the equipment to the lessor

In either case, our customers can take advantage of outstanding lease rates through Avaya Financial Services, making it very simple to upgrade to the latest technology at lease end, or to keep the equipment and prolong the investment. All Avaya equipment is Carrier-Grade, and is of the most robust and highest quality components. Many of our customers just buy out the equipment at the end, and continue to use their investment for many years. Leasing also allows you to keep much of your capital, and expense the purchase out over 2,3 or more years.