AM Exclusive Technicity Newsletter Issue 3 | Page 2

HOW TO GET THE BEST DEAL ON COPIERS/MFPS L easing equipment is never a “fun” experience, but it shouldn’t be a miserable one either. Leases are often used to finance large purchases, but they are not supposed to be a way to hide costs from buyers. The process, unfortunately, is confusing enough that many companies wind up paying a whole lot more money than they need for their copiers, often due to extraneous features, extended lease times, or minimum page counts that are too high. The flip side is that there are some things that you can be on the lookout for when you are looking into a copier lease: 1. ALWAYS ASK FOR THE PURCHASE PRICE OF THE COPIER OR MULTIFUNCTION PRINTER (MFP) When shown a monthly payment, it is often easy to overlook the actual cost of the copier itself. This could lead to an overpayment. Always ask what the price would be to purchase the copier and then ask what the cost of the lease is going to be. these as a separate charge since the maintenance has to be billed monthly anyway. This way, if your vendor fails to provide quality service, you can get out of the maintenance agreement even if you have no way to cancel the lease. Ultimately, whatever you choose to do, whether buy or lease, is going to come down to a cost- benefit analysis. If you don’t have the funds on hand to outright purchase the equipment that you need, then leasing is a very viable option for you and your business. You must ensure, however, that you understand and think about the terms and conditions that are involved in the lease beforehand. For a more extended and comprehensive look at these tips, including the basics of leases, check out our white paper on copier leasing at amexclusive.com/ copiers-mfp We’d love to help you learn about what copier needs you actually have and get you on the road to the equipment that you deserve. Replace Your Current Copier with an HP or Xerox Copier from A M Exclusive! We provide transparent contracts that save businesses money because they are geared towards ownership versus upgrading. 2. ASK FOR THE RECOMMENDED AVERAGE MONTHLY VOLUME Again, without knowing the true cost of the machine due to a monthly payment figure, you can easily be oversold. You need to know what kind of volume your current copier is utilizing to know what you will need out of your new one. 3. SEPARATE THE MAINTENANCE COSTS FROM THE LEASE Finance charges can be extremely common. Request that maintenance costs for the copier not be included in the lease. It is better to keep Call 718-690-2044 ext. 2 to learn more.