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Home > Resource > My lease is coming to an end

Document Solutions from FirstChoice – Multifunction printers, office machines & electronic document management

Printers Lease My lease is coming to an end

My lease is coming to an end and it’s time to look at my options

We help you understand your obligations whatever lease agreement you may have, and we will show you how to upgrade/ improve equipment with minimum fuss!

Over 90% of office equipment is leased and the main benefits are that you don't tie up capital, you can offset costs against tax far quicker and you have greater flexibility to change.

Many customers are confused about the options to change equipment before the end of the contract.  As technology is being improved at a rapid pace, leased equipment needs to have easy upgrade paths, and it's very common for suppliers to be able to change another vendors agreement mid-term - without impacting too much on costs,
In partnership with Xerox Finance we have helped many companies look at how new technology can enhance their working practices.  Where we need to change current agreements, all we often need is a copy of their original agreement to be able to propose change options.

You may wonder how we can help you upgrade sooner whilst remaining competitive against your current costs. We work closely with Xerox Finance to broker superb rates for new equipment, and we look at your other running costs and create a saving in most of the non-obvious areas.  We also provide very keen Xerox product pricing, and in the vast majority of cases we can improve the technology and keep your costs the same.

For those companies that are downsizing and have more equipment than they need, it works in exactly the same way and is becoming an increasingly popular option.

If you require at this stage some independent information on your rights as a consumer, and the do's and don'ts from a leasing perspective follow the link to www.fla.org.uk.  This is the finance and leasing association, they are the governing body that oversees the leasing industry.

If you feel that you have been misled by your current supplier but you are not ready to talk to us, then they are a great starting point for advice and guidance.  However, for them to get involved, the leasing company needs to be a member of the FLA (A copy of their logo should appear on any documentation if they are a member).

If you're unsure how to proceed then simply send us a copy of your agreement and we will email you some advice without any obligation whatsoever.

Send your document to:  First Choice Business Systems, Murray Business Centre, Murray Road, Orpington, Kent.  BR5 3RE or fax to 01689 899399