As Promised, Overview Of The $1 Buyout On Your Boston Copier Lease

$1 buyout on your Boston copier lease....things to consider before shaking hands on the deal!

If you’re looking to lease a copier Boston reps are telling you is great–be sure that it’s a copier that you want for the long haul if you choose the $1 buyout option…it’s essentially a rent to own program! It can be a good way to keep monthly overhead low, but you’re paying higher payments than you would on an FMV lease previously discussed. You could potentially pay less however, if you choose to buy with the $1 buyout option that purchasing the Boston copier at FMV–since the lease or copier company determines the fair market value of the machine in question! There are a few more points to look at:

  • Do you want to own this Boston copier in front of you?
  • Do you want to be locked into this agreement for 3-5 years?
  • Do you want to eliminate any other competition for this many years?

If your answer is no to any of these questions, you may want to rethink the $1 buyout, or any lease for that matter. But they do offer the security of knowing that you’re not responsible for maintenance while under the lease, and that is something many people are willing to pay for! It’s a balancing act with Boston copier leasing/buying and it’s best done with good information. Keep reading!