COPIER LEASE - SALES
It’s been a great copier and still is, but now your sales rep is coming around to sell you or upgrade your copier.
So now you would like pricing and quotes from other office equipment vendors, mean while your existing vendor’s pricing is higher than most other copier quotes you received.
So now you go ahead and tell your old vendor you decided to lease your new equipment from a new vendor, then the unexpected happens…
Some companies are putting a clause in the lease agreement, that if you do not let them know that you will be returning the copier at the end of the lease, 30 days in advance from the lease expiration date, it will automatically renew for another year, YES! Another year… and think about this, you already paid for that copier, now you will be paying an additional $5,000 to $7,000 for a machine you already have paid.
When your copier lease is up – Make sure to let your leasing company know what your intentions are, you may be able to buy the copier for 15% of the original value or $1, it all depends on how your lease was written, and if you are returning the equipment, MAKE SURE YOU LET THE LEASING COMPANY KNOW IN ADVANCE.
You can also negotiate the auto-renew clause at the beginning of the lease, that way you do not have to worry at the end of the lease.
We can help you save thousands on your new copier, but we need to know ASAP to be able to help you!
Warning: Don’t let your current copier vendor coerce you into signing another Copy Machine Lease contract before your current contract is up. Normally your sales rep will visit you within 6 months of the expiration of your copier lease.
Is your organization looking to lease a multifunction copier for your office? Besides the proposal from your vendor there are several things that need to be considered. Most dealers operate as a contractor for major manufacturers in the imaging industry. These copier printer dealers, have their own rules on how leases and other services are structured. This is common because vendors support their clients locally and work with leasing companies that are not tied directly with the manufacturer Printer of the office equipment they sell – Copier Lease otherwise known as 3rd party leasing companies. Understand your local dealer’s rules (and costs) associated with a lease before you enter into any long-term contract to protect your company from hidden expenses.
WHY IS THE SALES REP TRYING TO UPGRADE MY COPIER SO SOON?
Simple…. This way they will eliminate anyone else’s quote, eliminate any potential competitor, the new vendor would have to buy out the existing lease, and that will automatically increase the cost of the new equipment – Most of the time they will put an expiration date on the new deal so they pressure you to sign and not get a new vendor involved. This is a very common practice, if you have been with your existing copier provider for many years, IT’S TIME to look into a proposal from a different vendor, we find that many times the amount saved can be upwards of 30%.