OPTIONS
- FINANCE OPTIONS
- LEASE - STATED PURCHASE OPTION (SPO)
SPO is a type of lease that allows the
customer to know when they sign
the lease agreement what the
equipment purchase option is. - LEASE - FAIR MARKET VALUE (FMV)
FMV is a type of lease that allows the
customer to purchase the equipment
at the end of the lease based on
current market value. - LEASE - CAPITAL (CAP)
A Capital Lease is an ownership lease
with a $1 buyout when the contract
reaches full term.
SPO PERCENT
The percentage of the purchase price that you will be able to buy the equipment at the end of the lease term.
SALES PRICE
Purchase price of the equipment.
TERM
Length of time of the finance contract.
** DISCLAIMER **Finance and lease payments are ESTIMATES ONLY and are calculated based solely on the information you provided through the Payment Estimator. The estimate is based on US dollars. Estimated finance and lease payments exclude tax, title, administration fees and other dealer fees and charges. Actual sales price, cash down payment, trade-in value, term and payments must be negotiated with your authorized dealer. Actual finance rates will be based on the creditworthiness of the customer, prevailing finance rates and other factors. The calculation is for illustration purposes only. Neither the information you provided nor the calculation is deemed to be an application for credit and will not result in an extension of credit by Agricredit Acceptance LLC. Finance rates and other transaction terms will not be determined until after submission, evaluation, and approval of a completed credit application.This information is not offered as accounting, tax or legal advice, but rather to allow the customer to consider some financing options. The customer should always consult with a qualified accounting, tax and legal advisor before proceeding with any option.