One of the best ways to find savings in your copier lease is to ask about lease rates. Many copier leasing companies give price breaks if you cross certain price thresholds. However, they may not tell you this right up front. It may be up to you to inquire about how to save on copier lease rates.
You are basically getting a price break because you are getting a more expensive copier. However, it’s not adjusted gradually. You will need to cross a certain price point in order to get help on prices.
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.
Saving money on copier lease rates is a great way to keep your costs down. Copier leases go on for years, so every few dollars you save every month adds up a lot over time. Not many people know this trick, so make sure that you ask your copier leasing agent how you can save. They may be able to help you get a better machine for cheaper, if you are close to a price break.