If you are a business looking for a copier place, this is the spot to get a quote or to just simply learn a bunch on copier leasing. Grab your favorite coffee and we can help you understand some basic leasing questions.
Here are some of the most common questions we hear about business copier leasing:
What is a lease buyout and should I take the offer?
A copier buyout typically is set at a percentage of the copier’s initial cost, or FMV or Fair Market Value depending on your contract. Generally we would recommend AGAINST taking the FMV offer as similar copiers on the used market will generally be a better deal.
Why do you charge a cost per print if I am leasing the copier?
The lease charge is for the equipment itself. The cost per print helps pay for the toner and the maintenance of the copier. Think of a car, there is a lease payment, but gas is still required if you want to drive.
Why do businesses lease copiers?
There are three basic reasons businesses lease copiers:
- Habit – it is how they have always done it and it is part of their normal budget they are used to.
- Cash Flow – If cash flow is low, leasing is nice because it allows a $10000 copier to be onsite for about $190 a month.
- Taxes – Some businesses are looking for ways to lessen their tax burdens, often leases can help solve this issue.
How is a copier’s monthly charge computed?
It depends on how the contract is structured. Sometimes there will be a base rate with included prints, sometimes not. If a base is $40 with 1000 black and white pages included, it means even if you only print 1 page, you will get a $40 bill. You are paying for the first 1000 pages for $40. Then there is an overage amount, and this is multiplied by the number of prints. For example, if we use the above base etc and the client prints 1900 pages… The bill would look like this:
Base – 1000 prints included $40
Overage of 900*(.01 if overage prints were a penny a page) – $9
Total bill that month – $49
Should I wrap service into the lease?
Generally no, because then the service costs have interest attached to them as part of the lease loan that was made.
What is a base rate?
A base rate is the amount charged by a copier company for maintenance of the copier. Sometimes it includes a predefined number of prints, sometimes it does not.
We supply copy machines/ printers to businesses all over the USA. If you have been thinking about leasing a copier, please give us a call today!
Learn more about the Xerox copy machines we offer.