End of term options ... it's your choice
Flexirent Operating Lease end of term options give your business the flexibility to manage
changing IT needs, helping you to stay productive and ahead of your competition.
1. Return Equipment
If at the end of your term you have no further use for the equipment, simply return the
equipment to FlexiGroup with no more to pay. Equipment has to be in good working order as
per clause 13 (a) and (b) in the terms and conditions.
2. Own the equipment at the end of the Minimum Term (subject to our agreement)
Make us an offer to purchase the equipment if you would like to own it. You can offer any
price, but we have the right to accept or reject your offer.
3. Swap and update to new equipment
(subject to our agreement) 3 months prior to the end of the Minimum Term (excluding 12 month terms),
simply return the equipment in good working order and take out a new agreement. The new traded up
contract must not be less than 10% of the original contract value, and not less than $500. FlexiGroup
will waive up to 3 remaining lease payments if a trade up occurs 3 or more months before the end of term.
4. Keep and update to new equipment
If at the end of Minimum Term you wish to keep leasing the old equipment and update to new equipment, simply take out a new agreement for equal or higher value, and keep leasing the old equipment for one extra payment.
For more information on the upgrade process, refer to your Flexirent Terms & Conditions booklet or call 0800 444 827.
FlexiGroup will endeavour to contact you to remind you of your end of term options (at the last address you have given us) before the maturity of your Flexirent Agreement.