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Matured Lease FAQs


What are my options when my lease matures?

  • return the equipment to the dealership
  • lease the equipment again (subject to credit approval)
  • purchase the equipment outright
  • finance the equipment on an installment loan (subject to credit approval)

It is our policy to mail a written notification of matured lease options to customers two months prior to the maturity date of the lease.

  • If your lease agreement has a Purchase Option, the correspondence includes information on the payout amount.
  • If your lease agreement has No Purchase Option, your dealer will contact you prior to the maturity date to discuss end of term arrangements.

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