I work for an independent leasing company that specializes in FMV leases and hear your complaint about captive lease programs on a daily basis. FMV leases are a good idea if you know your going to upgrade your hardware at the end of the term i.e. 24-36 months. It is designed for companies who need the latest and greatest and who plan on returning the equipment. If your simply looking for the lowest out of pocket price go another route ($1-out, Pro Lease, 10% Put, Etc). The buyout should be whatever the market for that used piece of equipment is. Unfortunately the big guys inflate that value. If you have any other questions I can try and point you in the right direction.