Home / What happens at the end of the lease term?

What happens at the end of the lease term? Saudi ORIX Leasing Company

What happens at the end of the Lease term?

At the expiry of a lease, several options are normally available to the lessee depending on the nature of lease agreement:

  • The equipment can be returned to ORIX.
  • The lease can be renewed on a yearly basis at a substaintially reduced anuual cost.
  • The lessee may purchase the leased asset (at times) at a predetermined price.