A matured lease is a lease that has run its course. (FMV) or (FPO) whether it be a 36, 48, 60 month term. It has ended.
I stand behind my statement and experience of dealing with customers who have lease or purchased Lindie Products. I have not known of anyone who bought electric. My dealings with people who were not happy with them have been with the I.C. units. I am not and have not said it's a bad product. It really works well in Europe and they love them. Maybe the dealers do really well with support, I do not know that. What I do know is that companies in general who lease or purchase have not been repeat buyers. I know of one deal wear a shipping company bought a new big truck, three months after delivery the transmission failed, not sure of what or how it happened, they no longer have the Lindie. They now have another brand.
Most of the Lindie dealers that I know of like the one in Houston do have many lift truck lines. I think the concept is good, but the support with parts has continued to cripple the brand name and image in American Market.
You have other manufactures in the market that guarantee parts in 24 hours, with some restrictions.
So to clarify my opinion, Lindie makes a great product, great ideas, but all things made by man need service and parts etc. It just been my experience that the level of dealer support is not that great compared to other brands on the American market.