LEASE CANCELLATION STRATEGY

The sooner the better.  Each leasing company has different terms and they are usually two to four months before expiration.  If you miss that window they also have different terms.  Some require a 30 to 60 notice to cancel if you missed the original window.  Others go ahead and renew the lease for the year which is good for them and the current vendor because it locks out competition.  The only person who can get you out of it is the current vendor as long as the new lease is with the current leasing company.  There’s not much incentive you give you much of a discount in that scenario.   Another thing to consider is what happens to the copier even if you cancel in time.  Whatever vendor was awarded your new business should help you with this.  You will get some intimidating instructions from the leasing company telling you to prepare to ship it; insure it;  send it halfway across the country;  and ask you if you want to pay money to erase the HDD.   Here’s what we … [Read more...]

WHAT IS THE METER ON THAT USED COPIER

I have been buying used copiers for a long time from wholesalers who buy in bulk from leasing companies.  Then companies like mine buy a few to refurbish and resell or lease.  The first question I always ask is, “What is the meter reading?”   This is one of the most important criteria.  Depending on the size of the copier there are certain limits to stay within.  For example, on a smaller office type copier anything under 300K is good.  There are some exceptions to that though which I won’t go into at this time.  If it’s a really large copier; anything  under a million is good because they are built to go to several million where the smaller copiers are pretty much pooped out at a million.   If you are buying a copier privately, you will need to look for the meter.  If you aren’t sure where it is call us and we will help you.  You will need to plug it in though since most meters are electronic.   Another criteria is the age of the copier.  It really … [Read more...]

BEFORE YOU BUY THAT USED COPIER…ll

Most people buy or lease a copier with the expectation of printing and scanning.  Now that PC users are migrating to Windows 8 and MAC users are getting 10.9.4 you need to know that a lot of older copiers will not have Scan Drivers available.  You may have standardized on Windows 7 or XP and assume it’s not important but the first time you replace a PC or hire someone and outfit them with a PC you will only be offered Windows 8.1.  Only new copiers and late model used copiers will have scan drivers.   It isn’t Microsoft’s fault.  The fault is with the copier manufacturers who don’t want to go to the expense of developing drivers for older models when the population is shrinking and they would prefer people upgrade.  Also, older copiers print certain things really slow.  Late model used copiers, like new copiers, will print PDF attachments much quicker.   So, why am I bringing this up?  You may be looking a used copier with a low meter at a great price.  It’s … [Read more...]