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Endpoint Leasing - Apple

Endpoint LeasingEndpoint Leasing - Apple

University of Nebraska departments can acquire Apple computers, mobile devices, accessories and warranties through the Apple Leasing Program. This program offers a simple approach to plan and manage any hardware replacement budget cycle.

Endpoint Leasing

Features

University departments can leverage Fair Market Value Leases through the Apple Leasing Program to meet their IT financial goals. This program offers a simple approach for planning and managing any hardware replacement cycle to stabilize annual budgets.

A Fair Market Value Lease enables lower operating costs than traditional purchasing when upgrading equipment on a managed lifecycle.

The University leveraged Apple Financial's Flex Lease option. For the duration of the lease the University owns the equipment, with options to either make the 
final payment and keep the equipment or return the equipment without making the final payment. This option offers several advantages including:
  • Ability to budget constant annual equipment replacement costs.
  • Annual or lump sum billing to your designated Cost Center.
  • Apple and third-party equipment, services, Apple Professional Development and warranties can be included with the lease.
  • Get the latest hardware every 12, 24, 36, or 48 months.
  • Factory asset tagging and an inventory report is available for orders of 250 units or more.
  • Touch-less deployment through Endpoint Management Services.
  • At the end of the lease term, you can start a new lease with fresh equipment or return the equipment and stop the cycle.

Getting Started

The Apple Leasing Program is a financing tool, not a funding source. Leases are legally binding contracts that financially obligate the University. The acquiring department must identify the funding source prior to entering into a lease. To get started, contact Phil Redfern to discuss your project.

In order to qualify for the Apple Leasing Program, your project must meet the following requirements:
  • ITS recommends a minimum lease purchase of $25,000. If you have a specific project that does not meet this benchmark, please contact Phil Redfern.
  • All leases require approval by Client Services and University Procurement. An MOU will be established between the acquiring department and ITS for each lease.
  • Leasing is not an immediate purchase option; projects should be planned 3 months in advance.
  • All leased hardware should be protected by a case or damage resistant shell. This ensures maximum device value at the end of the lease and helps protect the acquiring department from damage fees.
  • Devices cannot be permanently tagged or marked, with the exception of Apple factory tagging services.
  • Enrollment in Endpoint Management Services and Inventory tracking is required for all leased equipment.
  • All leased hardware will be collected at the end of the term. Departments are not obligated to renew the lease at the end of the term. However, all equipment must be returned to Apple.

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Phil Redfern

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