Lease To Own v1.0.0.0
Lease To Own v1.0.0.0
In general, lease-to-own refers to methods by which a lease contract provides for the tenant to eventually purchase the property.
One common lease-to-own strategy is to include an option to purchase provision in the lease.
This clause states that the tenant may purchase the leased premises during a particular time period and according to terms specified in the lease.
The residual value of the post-lease vehicle is 22% of the initial value.
This mod enable to purchase leased equipment at the price reduced by the paid leasing installments. Based on the lease costs in the base game.
Example 1: equipment cost was 100 000 purchase after 3 years. Total operating hours count is 20.
Initial base fee (2%) = 2 000
Monthly installments paid (1% x 36) = 36 000
Operating hours paid (2.1% x 20) = 42 000
Leasing agreement is fully utilized (all 36 months)
Purchase cost = 22000
Total cost = 102000 (102% of store price)
Example 2: equipment cost was 100 000 purchase after 2 years. Total operating hours count is 20.
Initial base fee (2%) = 2 000
Monthly installments paid (1% x 24) = 24 000
Operating hours paid (2.1% x 10) = 21 000
Leasing agreement is utilized in 2/3rd = 666 to be returned
Purchase cost = 54 334
Total = 101 334 (101.33% of store price)
