Once a copier lease is completed, most customers don’t anticipate another related bill or invoice coming their way. However, depending on the “end of lease” term commitments that they initially signed when leasing the copier, they may be responsible for paying a removal fee.
The typical copier lease ranges between three and five years, so it can be easy to forget what you committed to by the time the lease runs out. When it comes to removing the copier, most customers have one of two options:
- They can return the equipment themselves to a destination that has been specified by the leasing company. However, keep in mind that these warehouses tend to be on the East coast, which could make it very costly to return the copier yourself depending on your physical location.
- They can pay the vendor to remove the copier, but there typically is a hefty fee attached to this option.
Here is a more detailed look at how removal fees are broken down:
First, before moving the copier, fees will be assessed for the removal of the liquids inside the copier and the removal of the confidential information inside the copier’s hard drive.
The second step of this process is the actual shipping and transit of the copier. Shipping of the equipment, along with insurance, could cost as much as $600.
As you can imagine, if you’re not prepared to receive an invoice from your vendor for the removal of your copier, this unexpected expense will leave you feeling less than satisfied. This is why it’s absolutely critical that you clearly understand your obligations with the copier lease on the front-end of the agreement.
Do you know if you are obligated to pay a fee for the removal of your copier once the lease is up? It’s important that you know your options as some vendors like Xerox offer more advantages at the “end of lease” than others. Please contact us to learn more about the options that we offer to our customers.
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