Yeah Idk where the value x (diminished value factor) came from. All leases are based off the value at the time of the lease and should still be the same in this case as well. So the total cost of the buyout would be (initial value - principle of lease) + interest + cancellation fee.
Ex. Lease a $100 mil plane at $100k/month and .05% interest for 8 months with a cancellation fee of $250k, and at that time buyout the aircraft:
($100M - 800k) + (.05 * 100k * 8) + $250k
Value at time of buyout is $99.2M, plus the interest already paid out: $40k, plus the cancellation fee makes a purchase price of $99.49M including the $800k already paid toward the principle. Total payout is $100.29M and the lease costs $290k more than buying the plane outright initially. Of course, these numbers are just examples and can be changed as admins see fit. Also, if the lease term comes up, then you should have the option to buyout then without cancellation fees, thus giving players the foresight to choose the leasing option best for them. Plenty of cash? Take the higher cost 3 month and pay it off earlier. Struggling a bit? Take the 1 year and pay less overall, but have to wait longer for the fees.
Ex. Lease a $100 mil plane at $100k/month and .05% interest for 8 months with a cancellation fee of $250k, and at that time buyout the aircraft:
($100M - 800k) + (.05 * 100k * 8) + $250k
Value at time of buyout is $99.2M, plus the interest already paid out: $40k, plus the cancellation fee makes a purchase price of $99.49M including the $800k already paid toward the principle. Total payout is $100.29M and the lease costs $290k more than buying the plane outright initially. Of course, these numbers are just examples and can be changed as admins see fit. Also, if the lease term comes up, then you should have the option to buyout then without cancellation fees, thus giving players the foresight to choose the leasing option best for them. Plenty of cash? Take the higher cost 3 month and pay it off earlier. Struggling a bit? Take the 1 year and pay less overall, but have to wait longer for the fees.