In the case of a Fair Market Value (FMV) Lease, the residual means the price (as determined by Lender) for the equipment, assuming that it is in good working order.
We determine the rate on your contract based on our assessment of your creditworthiness.
You may add on additional products and services within the first 30 days of your equipment ship date.
To finance your Dell business online purchase with our Fair Market Value Lease product, please follow these 3 easy steps.
I. At Payment page, choose Business Lease as payment option
II. Complete the Business and Personal Information sections and submit application. You will be contacted by the end of the next business day regarding the status of your application
III. Proceed by clicking the ‘Continue’ and ‘Submit and Verify’ to submit your Dell order
For all other leasing option besides the Fair Market Value lease, please call us at 1-888-438-1112, option 5 to apply and purchase through a Dell representative.
Your first payment usually commences approximately 30 days from the time you receive your last piece of equipment on your Dell order. To obtain your first payment due date, you may visit us online at www.dellfinancialservices.ca or call Customer Service at 1-877-272-2012 a few days after all your equipment has been received to hear the first payment due date message
To determine your buyout amount, please visit us online at www.dellfinancialservices.ca or contact Customer Service at 1-877-272-2012
DFS does not notify you when your lease is going to expire. As per your contract, you are requested to let us know 90 days prior to end of term as to your intentions of whether you want to return, purchase or renew. If DFS is not contacted, your contract automatically enters into automatic monthly rentals at the same rate as the monthly payments were during the term of the contract. Please contact Customer Service at 1-877-272-2012
Once your end of term decision is made, please contact our Customer Service team at 1-877-272-2012 and they will be glad to assist and provide you with the appropriate instructions.
Dell Financial Services (DFS) recognizes that the end of term process can offset your lease program effectiveness and the reduced total cost of ownership benefits. This is why DFS has incorporated direct customer feedback into our end of lease approach to deliver the best customer experience possible. Our proactive approach to technology refresh helps you make informed decisions and take advantage of the technological and financial benefits of replacing your equipment on a timely basis.
An efficient end of lease starts at the beginning
Considering the following issues before entering a lease will make the transition to the end of lease much easier:
- The timing of equipment return in relation to receiving new systems
- Refresh options
- Renewal / extension option
DFS recommends end of lease planning start at least 90 days prior to your required lease notification date. Your specific technology needs, financial needs and operational capabilities are key drivers during the decision making process in establishing your end of lease strategy.
- Provide end of lease purchase quotes upon request
- Execute the end of lease option you choose in a timely and efficient manner
- Provide return logistics information and pricing upon request to assist in the safe return of the assets
Please note that this information is provided by Dell Financial Services Canada which is a separate entity from Dell Canada.