|
I work for a finance company that leases out office equipment. If any of you is thinking of leasing a copier, laser printer, or any high end equipment for your business, then know EXACTLY when your lease ends.
More than half of the accounts I came across had companies paying for years in renewals without even knowing it. For example, A compnay is leasing a copier for 3 years......and 7 or 8 years later they're STILL paying for the damn thing without realizing anything.
My leasing company isn't obligated to send anything about end of lease in any state except NY and Cali. I've seen companies pay $100,000 for a copier they leased for $30,000.
|