Cinema Equipment Sales of California, Inc.

Historical lease calculator

Historical page · archived 2002-08-05 · About the restoration


 

Lease Calculator

This calculator reproduces the coefficients in the original archived script. The figures are historical illustrations, not current financing offers.

Fair Market Value (FMV)

24 months
—
36 months
—
48 months
—
60 months
—

10% Purchase Option

24 months
—
36 months
—
48 months
—
60 months
—

$1.00 Buy-Out

24 months
—
36 months
—
48 months
—
60 months
—

Original purchase options

FMV: the original description allowed purchase at the end of the lease at the equipment’s then fair market value, estimated at 8–20% of original cost.

10% option: the original description set an end-of-term purchase price of 10% of the original equipment cost.

$1.00 option: the original description allowed purchase for $1 at the end of the lease.

The original calculator accepted costs from $2,000 to $250,000 and calculated monthly payments for 24, 36, 48 and 60 months.


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