With progressive leasing program that gives customers the chance to rent or buy technology, including computers. Its lowest monthly payment option is to lease a computer for 12 months. The other options are to buy it after 90 days of lease payments, or an early buyout with a significant discount on the remaining lease amount.
For example, suppose you signed a lease for a $1,000 computer and agreed to make payments every two weeks. Your recurring biweekly payment would be $77.41 for 12 months.
The leasing cost would be $1,090, which is added to the retail cost of $1,000 for a 12-month lease-to-own total of $2,090. If you wanted to buy it under the 90-day early purchase option, the total cash price would be $1,000