Getting a fair copier lease can be difficult when dealing with sneaky copier leasing companies. Many leasing companies will do just about anything to try and make you pay more than you should. At Copier Philadelphia we want to help people understand their copier lease and help them save money on their next copier lease.
When negotiating a copier lease it is important to understand the importance of the breakdown of lease rates. Lease rates are not changed gradually as you spend more. Instead they work on a ladder system when certain dollar amounts earn you a better lease rate.
For example, let’s say that you wanted to begin a 48-month lease for a small copier at a cost of $3001. The bank will charge you a Fair Market Value lease rate of $74 per month.
If you were buying the same copier for $2999, then your Fair Market Value would actually rise to $91 per month. That may seem like a big difference in market value based on only a $2 in price. That’s because lease rates are done by steps, not gradually.
Just to help show it differently.
$3001 Lease = $74 per month
$2009 Lease = $91 per month
That $2 difference in your lease price will cost you over $800 extra over the course of your lease. Knowing this fact can save you a lot of money down the road.
Talk with your leasing company about these different lease rates and see how close you are. If you are within a reasonable amount of money then you may be able to negotiate up to hit the better lease rate. You could pay extra fees on installation, for example, in order to get yourself into the higher pay grade and better lease rate.
Another great way to save on your copier lease is to shop at Copier Philadelphia. We offer fair leases because we believe in customer service first. Come in today and see what makes our copier leases different than the other guys.