If you are coming to the end of your first copier lease then you need to prepare yourself. Ending a copier lease may seem straightforward but you can end up paying some hefty fees if you don’t plan ahead. Checking your lease before it’s too late can save you money and lots of headaches later.
The first thing that you are going to want to check is when your lease ends. If you do not plan on renewing then you need to let your leasing company know ahead of time. Many leasing companies have something called automatic rollover that allows them to continue your lease unless you state otherwise. Most companies state that you must submit notice within 90 days of your intent to cancel.
You also need to figure out if you are in charge of returning your own copier. Too many people assume that it is the responsibility of the company that leased the copier to return it. However, leasing companies will not be in charge of this most of the time. You can plan on paying a good chunk of change if you do this too late. Look ahead to make sure you can search for a good deal.
Finally, figure out how to package everything. Things like toner will need to be packaged separately to avoid spills and stains. You may need to package other things like the paper tray separately as well, depending on the machine. Double check all of this in your lease to ensure that you won’t be charged extra.
The best piece of advice that we can give you is to study up the end of your lease before it’s too late. Give yourself the time you need to find good deals and do your part to avoid silly fees later on.
