How to Get a Better Lease Rate
Getting a fair lease for your copier can be one of the most difficult parts of owning a copier. The initial negotiation can be so confusing, and there are a lot of untrustworthy copier leasing companies. At Copier Charlotte we want to put the ease back into copier leases. That’s why we are here to help share the dirty little secret about lease rates and how to save the most money you can per month.
Lease rates for copiers work on a ladder approach. This means that lease rates don’t gradually increase as you spend different amount. Instead, depending on how much your copier is worth, you may or may not be able to negotiate a better lease rate.
let’s say that you wanted to begin a 48-month lease for a small copier at a cost of $3001. The bank will charge you a Fair Market Value lease rate of $74 per month.
If you were buying the same copier for $2999, then your Fair Market Value would actually rise to $91 per month. That may seem like a big difference in market value based on only a $2 in price. That’s because lease rates are done by steps, not gradually.
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.
You can see that once you cross the $3000 threshold that your Fair Market Value price will drop. That’s because this $3000 mark is where they change rates.
You can use this knowledge to help you get the best lease rate possible. Talk with your leasing company about their lease rates. If you are within a close distance to a better rate then you may want to negotiate a higher price. You may be able to lower your monthly payments if you can cross their threshold to a better price.
To better understand lease rates, and get yourself set up with the best rates in Charlotte then please call us today. At Copier Charlotte we offer fair rates because we put the customer first. Call us today and let us show you a different approach to copier leases.