WHAT’S THE LEASE PROGRAM?
Our lease-to-own program is available only to business entities. The program is designed for the business to own the aircraft upon lease termination. We offer $1 buyouts and 10% FMV. Terms are typically 60 months; up to 100% of the purchase price may be financed; refinance transactions (sale/leaseback) will not typically trigger recapture of depreciation if the amount financed does not exceed the present loan amount.
This program offers significant tax advantages over a loan and is suitable for part 121, 135, air ambulance, or part 91 business use.