I am in the process of exiting a 5-year equipment lease after two years of payments. Leasing company says one option is to pay the remaining dollar amount on the lease as one lump sum, and provided me with the dollar amount for the payoff. I asked to negotiate their numbers. They said the negotiation starts with my submitting a "Settlement Offer" - basically a written counter-offer to their initial offering for the amount needed to payoff the lease early. Should a Settlement Offer be worded in a specific way? Is there a form template I should use? Thank you in advance for your time in this matter.