Buyout Intention Letter
Lease Company Date
City, ST Zip
To Whom It May Concern:
This letter expresses our intention to buy the equipment which you have leased us.
Enclosed is $000.00 which is our $000.00 a month copier lease payment multiplied by
the remaining 00 months left on the original lease term, PLUS the residual (buyout)
amount of $000.00, which you quoted to us.
Do not wish to return the equipment, nor do we wish to renew the lease. We simply want
to buy it from you.
Please accept this payment and send us any paperwork needed to show us as the rightful
owners of this asset.