Are you about to get a lease renewal?
Before you sign for that renewal you should take a second and read this! We don’t recommend lease renewals. There are multiple reasons for this.
- Unfortunately nothing is free. The lending institution may "forgive" the remainder of your lease but that cost will be worked into the next one that you get. Hm.
- Copiers should last the full length of the lease. If yours broke to a point that you need to sign a lease renewal then it was not a quality machine to begin with. Do you really want to sign yourself to the same company that sold you a sub-standard machine in the first place?
- These lease renewals are often decided upon when the owner is in a tight spot. They don't always look at the other options that they have available. You should check to see what other options you may have before you sign up for one of these.If you need a copier in Madison we would love to help out, give us a call.
Why This Matters
Leasing a copier is one of the most common choices for southern Wisconsin businesses, and for good reason. A lease keeps your upfront costs low and spreads the expense over a predictable monthly payment. Most copier leases run between 36 and 60 months. Shorter terms give you more flexibility to upgrade, while longer terms lower your monthly cost.
Before you sign a lease, ask a few important questions. What happens at the end of the term? Can you buy the equipment, return it, or upgrade to a newer model? Are maintenance and toner included, or do those come as a separate service agreement? What is the cost per page, and does it differ for color versus black and white prints? Understanding these details upfront can save Madison businesses thousands of dollars over the life of the agreement.
Bottom Line
A well-structured copier lease protects your budget and keeps your office running with current technology. The key is choosing a dealer that explains every line of the contract and stands behind the equipment. If you have questions about lease options in southern Wisconsin, call us at (608) 229-1508. We are happy to walk you through the numbers.