5 THINGS TO LOOK OUT FOR WHEN LEASING A NEW COPIER LOCALLY

5 THINGS TO LOOK OUT FOR WHEN LEASING A NEW COPIER LOCALLY

It cannot be easy to find the right copier for you. There are hundreds of copiers on the market today, each with its distinct selling point. But, when it comes down to it, most people want the same thing: a high-quality, dependable, and affordable machine that does not require constant attention. As a result, printer and copier leases are a popular way for forward-thinking businesses to get the best model available for the least amount of money upfront.

When leasing a copier, there are several things you should watch out for that not all sales representatives will discuss. The following should serve as a starting point.

DO NOT FORGET TO PLAN WHEN YOUR LEASE WILL EXPIRE

you what you might want to do when it expires. However, if you know your post-lease options, you can tailor your current lease to accommodate them. This way, you can simplify your life while saving money in the long run.

DO NOT OVERPAY

When going through a lease agreement, a copier salesperson will frequently mention “monthly rate,” or how much you are willing to pay per month. Essentially, they want to know how much money you can afford each month so that they can tailor the agreement to your needs. However, this may distract you from realizing that the copier’s value is significantly overpriced. It is helpful to understand that copier sales are similar to car sales because you can negotiate a price. So, instead of talking about the monthly rate, think about the cost of the copier as if you were going to buy it.

DO NOT IGNORE THE EXPIRATION DATE.

Ensure you read and understand your leasing contract’s duration and financial terms. The contract may not require the finance company to notify you when the lease expires in some cases. If you ignore the expiration date and continue to make payments, your obligations may extend beyond the original lease term. Take responsibility for your lease and keep track of your payments. Most importantly, be aware of when your lease expires.

DO NOT IGNORE THE SERVICE AGREEMENT.

It’s common for copier deals to include a service contract as part of the lease. However, many businesses looking to lease are unaware they can opt out of adding service and maintenance. You have the final say whether you want to include service and maintenance for convenience or handle it yourself. Remember that many copiers on the market today are more reliable than in the past. It means that the copier you lease may not require regular maintenance. It is ultimately up to you – remember, you are not required to include service if you do not wish to.

DO NOT SIGN A LENGTHY CONTRACT.

When discussing your lease agreement, you will have several contract lengths. Your copier dealer may suggest longer terms. However, most buyers should not sign contracts for more than 36 months. With a few exceptions, the maximum commitment you should make on a leased copier is 36 months. The best way to approach this decision is to inquire about your supplier’s various contract length options. Be wary of being talked into a more extended contract because you might decide to upgrade after 2-3 years!

MAKE THE RIGHT DECISION

Our integrity is our most valuable asset and the foundation of our values. Premier Business Technologies strives to ensure that all of our business endeavors result in long-term success for our clients and the company. It entails extensive research on your requirements and assists you in making the best technology and equipment choices.