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Leasing Term <br />in Months <br />Fair <br />Market <br />Value <br />$1 Buyout <br /> Lease <br />Straight <br /> Lease <br />Short Term <br />Lease <br />Cancellable <br />Rental <br />12 0.08191 0.08792 0.08191 0.16358 0.09468 <br />18 0.05628 0.06006 0.05628 0.06521 <br />24 0.04348 0.04614 0.04348 0.05049 <br />36 0.03071 0.03227 0.03071 0.03580 <br />48 0.02434 0.02536 0.02434 0.02849 <br />60 0.02055 0.02125 0.02055 0.02412 <br />72*0.01803 0.01853 0.01803 0.02123 <br />84*0.01625 0.01660 0.01625 0.01918 <br />*Note: Group C only <br />NASPO ValuePoint Contract # 140603 <br />State of California Contract # 7-19-70-46-07 <br />Lease Rates <br />18 January 2023 <br />  <br />City Council 18 – 23 2/21/2023 <br />