There are two types of credit purchasing options FMV and $1.00 Buyout:
A Fair Market Value (FMV) lease option is in terms of 24, 36, 48,60 or 72 months. After the lease term is up, the lessee is responsible for the fair market residual amount if you wish to purchase the forklift or return it to the lender.
A $1.00 Buyout is a lease similar to a finance in which after the lease term is over, you can purchase the forklift for $1.00. Also available in 24, 36, 48, 60, 72-month terms. (ie. 60 Month $1.00 Buyout at $399.99/Month, 61st months payment is $1.00 and ownership is transferred to the purchaser)
*All financing is subject to credit approval.