90-day purchase option
The 90-day (or 3-month in CA) purchase option allows Josh to take ownership of the mattress early for a reduced lease-to-own cost. However, Josh must contact Progressive Leasing to exercise this option. Also, this option must be paid within the first 90 days of the lease-to-own agreement, meaning the amount paid in the 90-days would be larger than the 12-month option.
The 90-day lease-to-own total includes the cash price, plus a lease-to-own cost and applicable taxes.
The benefits of the 90-day purchase option are:
Something to note:
Just remember, when discussing purchase options with customers, be transparent about the options Progressive Leasing provides and the benefits offered by each one. Always allow the customer to decide which purchase option is best for them.
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