Archives for May 2012

Some businesses are in copier leases that they can't seem to get out of.  Following are a few examples of this and hopefully you will avoid this in the future.  I will identify the three most common ones and then offer a solution at the end of this blog. The first type of lease is where the dealer owns the purchase option at the end of the lease not you.  This is commonly called a 'dealer pass thru'.  Unfortunately, it's difficult for you to know if you're getting into one of these because sometimes not even the sales rep knows;   only upper management and the owner.  The bottom line is that at the end of the lease your purchase option may be based on the “weather report” rather than the copier's true value.  It's up to the dealer, not the leasing company.  A ridiculous purchase option may be quoted to keep out the competition and lock you in for continued business. The second type of trap is a CPC or cost per copy lease.  You are told that you just pay for copies but in reality … [Read more...]