Deductions & credits

As a side note, that clause of the lease raises a 'red flag' in my mind (however, I have not read the fine print of many leases).  It almost sounds like they are ATTEMPTING to circumvent Tax Law.

Let me ask you this:  What happens at the end of the lease?  If you have the option to buy the vehicle at the end of the lease, would the purchase price be the Fair Market Value of the vehicle?