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Leasing problem we signed a heavy lease with a small company but their agreement is the same one that the large leasing companies use. Can the lease be cancelled? The very first clause in the agreement states not cancellable and all of the terms and conditions state that basically there are no reasons that can be used for cancelling?

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Have you taken delivery of the new unit?

If you have not refuse delivery.

Do not sign the Proof of Delivery.

If you have already taken delivery - and have not paid an invoice, you may want to contact your attorney and have him look into contract law for your state...

If you have taken delivery, and paid and invoice, you may be stuck.

Sorry -

Greg Walters
gwalters009@gmail.com
http://thedeathofthecopier.blogspot.com/

Posted on Dec 16, 2008

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It's almost impossible to get out of a lease, if you do there are severe penalties which you have to pay. You should have done a bid process, whereby having the leasing company compete and lower their rates.
But, getting back to your question, as long as they keep up their end of the bargain I don't think there is much room to cancel. If you are a large enough company that they consider you a Major Account then you may be able to renegotiate the contract in the interest of keeping you as a client when the contract ends to renew with them.

Good Luck !!!

Posted on Dec 11, 2008

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You need to contact the leasing company some leases also have a personal gaurentee depending on the size of the company

Posted on Dec 11, 2008

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Who Can Lease?


Any company, association, non-profit business, or person who is using the equipment for business use can apply for equipment lease arrangement.

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Lease a Copier Vs. Purchase A Copiers - Pros and Cons


Today I am addressing the pros and cons of purchasing a copier vs. leasing a copier for your workplace. I was recently asked this question for the 5,000,000th time and I decided to answer the question publicly. If you feel like you have unique circumstances feel free to contact me directly to ask a question.
There are advantages and disadvantages to either acquisition process. There are several variables that will help steer you in the right direction to see whether purchasing or leasing a printer is right for your office. Whichever option you decide on, you can rest assured that Skelton Business Equipment will take excellent care of your machine with a recommended maintenance and toner contract.
Leasing:
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Purchasing:
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1.) How long has our company been in business?
The credit approval process can be very sensitive to new businesses. Without 3 or more years in business the lease application will probably require a personal guaranty from the owner of the company. With that being said, it may make more sense to purchase a refurbished printer at a low cost, then lease a more robust, new printer down the road once the company has more established credit and higher printing volume.
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Large MFPs can are expensive. Leasing them is a great option for an office without a large budget. Most workplaces would function seamlessly with an MFP for around $200 a month, which would cost you nearly $7,000 cash. You could lease a machine that's out of your budget that will handle a larger workload than a system that was purchased outright.

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Why does toyota put such LOW QUALITY TIRES ON THEIR LEASES? I HAD TO CHANGE MY TIRES AFTER ONLY 20,000 MILES ON MY LEASE.???


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Check the attached links for more info. on car leases, Good luck. "I hope this helped you out, if so let me know by pressing the helpful button. Check out some of my other posts if you need more tips and info."
http://www.cbc.ca/newsblogs/business/moneytalks/2008/05/ellen-roseman-the-hidden-costs-of-car-leasing.html
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