A $1 buyout lease is ownership on a lease payment schedule. You make fixed monthly payments across the term, and when the last payment clears, you buy the equipment for one dollar and it is yours. There is no end-of-term negotiation, no fair market value conversation, no decision about whether to return or renew. The system was always going to be yours. The $1 buyout structure just uses a lease form to get there.
For practices that know from day one that they are keeping the equipment through its productive life, this structure removes the ambiguity that some buyers dislike about operating leases. You get the benefit of a structured payment schedule, often with tax treatment similar to ownership, and a guaranteed clean handoff at the end of the term for a nominal sum. We offer $1 buyout leases on new and pre-owned ultrasound from $50,000 upward, with terms from 24 to 60 months.