Keep your Lease Rate Low

There are lots of ways to save money on your copier lease. Many people don’t look through their lease in its entirety. This means that they will see a good price on their monthly lease payment and stop paying attention. This is a mistake because it’s not just about getting a good lease rate, it’s about keeping your lease rate low.

There are some contracts out there that will allow your copier leasing company to raise your lease rate in the middle of your lease. Now, they may tell you a few things when you confront them about this. They may say that this is normal and there’s nothing you can do about it. They may also say that they are “allowed” to raise rates but it doesn’t necessarily mean that they will.

Both of these situations are not true. You can absolutely negotiate a contract where your rate is not raised. Additionally, have you ever known a company to be allowed to charge you more and decide not to? If your lease can be raised, then they will raise it.

With any copier lease you can expect a small bump here or there from things like inflation. There is little you can do about that. However, there are some leases that we have seen where people’s leases will raise as high as 12%!

  • Let’s imagine that your copier leasing representative gave you a great deal on a 10,000 print agreement. They say that you will get 10,000 prints for $100, which is a great price on the market.
  • But then your lease begins to rise by 12% after year two.
  • By your fifth year of your agreement you are paying $157 for the same 10,000 prints. This is not a good market price

Pay attention to your lease in order to avoid getting scammed. It doesn’t take much to take a day to look through your lease. If you have questions, then absolutely ask your representative. Remember, it’s not enough to get a good lease rate, you need to keep your lease rate low.