We get calls all the time saying "Your leasing company keeps charging me, and my lease is done!"
We offer a $1 buy out at the end of a lease and they always give our customers a hard time about excercising the dollar buy out option! With this type of lease there is no uncertainty about the value of the equipment at the conclusion of the lease as the buyout terms are generally a part of the initial agreement.
Dollar buy out leases give you the option of purchasing the equipment you lease at the end of the agreement. Over the course of the contract, they made fixed monthly payments and on the dollar buy out lease they then have the ability of paying a dollar for the equipment in order to own it.
Yet SONA keeps charging them and we have to help them GET RID of them! We regret ever doing business with SONA! And are looking forward to GETTING RID of these leases! Thanks for making us look like "jack" offs!
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