Cons of Copier Leasing
Over the duration of a lease, your modest price can balloon into a price that equates to many times the price of your copier. Always exercise caution and read the fine print. Leasing companies want to make a profit on their investment, so they set up the payments to make a return profit. Where many people go wrong is at the buyout point where the lease can automatically renew for another year, or longer.
Before you sign a lease, always look at the total cost. If the monthly payments add up to a lot more than the total cost of the copier, then you are being ripped off. Leasing does come with its advantages, but you must be aware of the disadvantages so that you can safely dodge the traps.