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Leasing, cost to buy device at the end, who or what dictates Fair Market Value
Hi all, I signed up this week to a new Telstra service, and was sold the lease option of an iPhone 8, I was told that at the end of the two year plan, that the option to buy the old handset was about $300, in which I thought was fair, however doing the research on the Telstra site, it claims “fair market value” so not the $300. Who and how is this “fair market value” worked out?