Save Money with Lease Rates
Leases are a word that makes people cringe. It offers up imagery of sleazy salespeople and long-term commitments. At Milwaukee Copier we hate this stereotype that gets offered up. We do our absolute best to ensure that we offer the best service and honest we can provide. We love saving our customers money. So today, we are going to give you an insider tip and teach you how to save money with lease rates.
The lease rate you pay on your copier may not be decided as you think it is. Instead of always begin adjusted as your choose more and more expensive machines, leases are actually dictated by a step system. This means that instead of being gradual, price changes once you cross certain thresholds.
For example, you want a 48-month lease on a copier that will cost you $3001. The bank will decide the Fair Market Value lease rate and say you need to pay $74 per month.
If you were buying the same copier for $2999 then the bank would actually say that your Fair Market Value lease rate would be $91.
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.
The difference in money is all because your crossed the $3000 threshold. You have put yourself into a new bracket where you will have to pay a smaller lease rate because you spent a certain amount of money. This gives you an opportunity to try and save money.
Talk with your representative about their lease rates and where the brackets are. If you are close to a better price, then you can negotiate to make other things slightly more expensive, in order to save on the lease rate and save over the course of the lease.
To find out more about getting a great lease rate call us at Milwaukee Copier. We can let you know everything you need to know about getting a fair deal on your copier.