Save Money with Lease Rates

There are some very odd scenarios with copier leases that most people don’t know can save them a lot of money. At Oklahoma City Copier we believe in honesty and want to help you understand these situations. It is not well known, but there is a chance to save money with 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. You may be wondering why a $2 difference on your lease would make your monthly payments more.

Just to help break it down.

$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!

This difference is because there are different lease rates. If you spend a certain amount then you may be offered a better deal. Ask your copier leasing company if there are lease rates available, or if it is all the same rate.

If there are rates and you are within a few hundred dollars of the better rate then you may negotiate for the better price. Try to make installation the exact amount you need to cross the lease rate threshold.

This small, weird fact can save you tons of money over the long term. To learn more about saving money with lease rates call us today. Oklahoma City Copier will help you make sure your lease is lean, and fair.