Money Saving Tip: Save money with Lease Rates

Learning how to save money for your company is an invaluable skill for a business owner. Negotiating a fair lease is a large part of this, but it’s not always easy to see where you can save. A lot of the copier leasing process can be confusing. There are a lot of dirty little secrets to help you save money, and we want to help expose those. One of the best ways to save money is to be aware of copier lease rates.

Let’s say that you wanted to lease a small copier for your office for a 48-month lease at a cost of $3001. You would have to return the copier at the completion of the lease, and the bank will charge you a Fair Market Value lease rate of $74 per month.

If you were buying that same copier for $2999, your Fair Market Value lease would actually end up being $91 per month.

Here is how this difference looks over time.

$3001 Lease – $74 per month

$2999 Lease – 91 per month.

That’s a difference of $17 per month.

$17 x 48 months = $816 over the course of your lease!

You may be wondering why such a small difference can affect you so much. Well, sometimes you can get a better lease rate if you spend a little more money. Leasing rates work like a staircase, not an elevator. They rise in steps, not in proportion to how much you spend.

That’s why the $2 can make such a difference. You get a different rate if you spend a bit more. Make sure you ask your copier leasing company about lease rate to potentially save money. If you are close to receiving a better rate, then see if there’s a way to negotiate up to that better rate. If you pay an extra $200 up front to get to a better rate then that still could save you a lot of money in the long term.

Call Rochester Copier to learn more about copier lease rates. We don’t want to hide things like lease rates from our customers. We believe in sharing secrets to get you the best deal available. Call us today for the best leases in Rochester.