Saving money on your copier lease can seem like a confusing maze. There are some many things to consider and its not always clear whats going on. At Kansas City Copier we like to make copier leases easier for you to understand. One great way to save money is to understand how copier lease rates work.
Saving money on your lease rate can be extremely helpful if you understand it. Copier lease rates are adjusted as you spend more money. If you spend more money then you lease rate will be better. However, the rates aren’t adjusted gradually. How have to pass certain dollar amounts in order to get a break on your lease rates.
For example, you want a 48-month lease on a copier that will cost you $3001. The bank will decide the Fair Market Value lease rate and say you need to pay $74 per month.
If you were buying the same copier for $2999 then the bank would actually say that your Fair Market Value lease rate would be $91.
Just to help show it differently.
$3001 Lease = $74 per month
$2009 Lease = $91 per month
That’s a difference of $17 per month.
$17 x 48 months = $816 over the course of your lease.
Just by spending a few you dollar at the beginning you are able to save over $800. Ask your leasing company about these breaks and how close you are. Sometimes you can negotiate up to the newer price point and save in the long run.