What happens at the end of a copier lease?

Leasing a copier can be a great way for a business to save money and stay ahead of the technology curve, but what happens when the lease is up? It's important to understand the end-of-lease process so that you can make informed decisions about your equipment and your business.

Understanding the end of a copier lease

At the end of a copier lease, the leasing company will typically offer the lessee three options: return the copier, renew the lease, or purchase the copier. Each option has its own advantages and disadvantages, so it's important to weigh the pros and cons before making a decision.

Return the copier

Option 1: Return the copier

Returning the copier is the easiest option and requires the least amount of effort on the part of the lessee. The leasing company will simply come and pick up the copier, and the lessee will be released from any further obligations. However, the lessee will not receive any compensation for the copier, and the leasing company may charge fees for early termination or for excessive wear and tear on the equipment.

Renew the lease

Option 2: Renew the lease

Renewing the lease is a good option for businesses that want to keep using the same copier without making a long-term commitment. The lessee can renew the lease for a set period of time, typically 12 or 24 months, and enjoy the same terms and conditions as the original lease. Renewing the lease can also be a good way to avoid the hassle and expense of upgrading to a new copier.

Purchase the copier

Option 3: Purchase the copier

Purchasing the copier is a good option for businesses that want to own their equipment and have control over their technology. The lessee can purchase the copier for a predetermined price, which may be lower than the market value due to the wear and tear on the equipment. Owning the copier also gives the lessee more control over upgrades and repairs, and can be a good way to save money in the long run.

Conclusion

The end of a copier lease can be a confusing and stressful time for businesses, but it doesn't have to be. By understanding the three options available and weighing the pros and cons, businesses can make informed decisions about their equipment and their future. Whether you choose to return the copier, renew the lease, or purchase the copier, it's important to make the decision that's best for your business.

FAQs

What happens if I don't return the copier at the end of the lease?
If you don't return the copier at the end of the lease, the leasing company may charge you fees for early termination or for excessive wear and tear on the equipment. It's important to understand the terms and conditions of your lease and to return the copier in good condition to avoid any additional charges.

Can I renew the lease for a different copier?
Typically, no. Renewing the lease usually requires you to keep using the same copier. If you want to upgrade to a new copier, you may need to purchase the existing copier and start a new lease.

Can I purchase the copier if I don't own the business?
Yes, as long as you are the lessee of the copier, you can purchase it regardless of whether you own the business. However, it's important to check with the leasing company and with your company's management to make sure that the purchase is allowed.

Lease To Own & ALL-INCLUSIVE Copier Deals

(15% OFF With Upfront Payment)

$78.29/MONTH NEW DEMO ALL-INCLUSIVE Xerox WorkCentre EC7836 Color Laser Multifunctional Printer Copier Scanner
Sale
Absolute Toner $85/Month BRAND NEW ALL-INCLUSIVE (After Instant Rebate) Xerox WorkCentre EC7836 Color Laser Multifunctional Printer Copier Scanner Showroom Color Copiers

$78.29/MONTH NEW DEMO ALL-INCLUSIVE Xerox WorkCentre EC7836 Color Laser Multifunctional Printer Copier Scanner

Sale price
$3,990
Regular price
$8,500
$98/Month ALL-INCLUSIVE Xerox EC8056 (Demo Unit) 55PPM Color MFP Laser Multifunctional 11X17, 12x18 300 GSM
Sale
Absolute Toner $125/month - ALL-INCLUSIVE Newly Released Xerox® EC8056 IN-STOCK! 55PPM B/W and COLOR MFP Laser Multifunctional Printer Copier Scanner 11X17, 12x18 up to 300 GSM Showroom Color Copiers

$98/Month ALL-INCLUSIVE Xerox EC8056 (Demo Unit) 55PPM Color MFP Laser Multifunctional 11X17, 12x18 300 GSM

Sale price
$4,990
Regular price
$9,500
$75/Month - Ricoh MP C4504EX 45PPM Colour Multifunction Office Laser Printer Copier Scanner up to 180 IPM, 11x17, 12x18, 300gsm, One-Pass-Duplex
Sale
Absolute Toner $75/month - Ricoh MP C4504 45PPM Colour Multifunction Office Laser Printer Copier Scanner, 11x17, 12x18, 300gsm, One-Pass Duplex, 180ipm Lease 2 Own Copiers

$75/Month - Ricoh MP C4504EX 45PPM Colour Multifunction Office Laser Printer Copier Scanner up to 180 IPM, 11x17, 12x18, 300gsm, One-Pass-Duplex

Sale price
$75
Regular price
$95
$29/Month Ricoh MP C300 Series Color Laser Multifunction Printer Copier Scanner With Large LCD Touch Screen
Sale
Absolute Toner From $34/Month ALL-INCLUSIVE Ricoh MP C300 Series Color Laser Multifunction Printer Copier Scanner With Large LCD Touch Screen Showroom Color Copiers

$29/Month Ricoh MP C300 Series Color Laser Multifunction Printer Copier Scanner With Large LCD Touch Screen

Sale price
$29
Regular price
$39.99
$75/Month - ALL INCLUSIVE PROGRAM - Ricoh High Speed Full Size Color Laser Multifunction Printer Copier Scanner 11X17, 12x18, 300GSM
Sale
Absolute Toner $75/Month - ALL INCLUSIVE PROGRAM - Ricoh High Speed Full Size Color Laser Multifunction Printer Copier Scanner 11X17, 12x18, 300GSM Printers/Copiers

$75/Month - ALL INCLUSIVE PROGRAM - Ricoh High Speed Full Size Color Laser Multifunction Printer Copier Scanner 11X17, 12x18, 300GSM

Sale price
$75
Regular price
$85
$49/Month ALL-INCLUSIVE LEASE TO OWN Ricoh MP C3503 Color Multifunction Laser Printer Copier Scanner (11X17, 12x18)
Absolute Toner Ricoh MP C3003 Color Laser Multifunction Printer Copier Scanner (11X17, 12x18) For Office - $39.99/Month Showroom Color Copiers

$49/Month ALL-INCLUSIVE LEASE TO OWN Ricoh MP C3503 Color Multifunction Laser Printer Copier Scanner (11X17, 12x18)

Price
$49
$39/Month Ricoh Copier MP C2503 With High Colour Quality Multifunction Printer Copier 25PPM
Sale
Absolute Toner $47/Month Ricoh Copier MP C2503 With High Colour Quality Multifunction Printer Copier 25PPM Printers/Copiers

$39/Month Ricoh Copier MP C2503 With High Colour Quality Multifunction Printer Copier 25PPM

Sale price
$1,950
Regular price
$2,500
$45Month Xerox Repossessed VersaLink C7020 Color Laser Multifunctional Copier Printer Scanner, Scan 2 email 11x17 For Business
Sale
Absolute Toner Xerox VersaLink C7020 Color Laser Multifunctional Copier Printer Scanner, Scan 2 email 11x17 For Business - $45/Month Showroom Color Copiers

$45Month Xerox Repossessed VersaLink C7020 Color Laser Multifunctional Copier Printer Scanner, Scan 2 email 11x17 For Business

Sale price
$2,290
Regular price
$4,500
$59/Month Canon imageRUNNER ADVANCE C5535i Laser Color Multifunction Printer, Copier, Scanner, 12 x 18 For Office | IRAC5535i
Sale
Absolute Toner $59/Month Canon imageRUNNER ADVANCE C5535i Laser Color Multifunction Printer, Copier, Scanner, 12 x 18 For Office | IRAC5535i Showroom Color Copiers

$59/Month Canon imageRUNNER ADVANCE C5535i Laser Color Multifunction Printer, Copier, Scanner, 12 x 18 For Office | IRAC5535i

Sale price
$2,950
Regular price
$4,500
Xerox COLOR C60 Multifunctional Laser Production Printer Copier
Absolute Toner $146/Month Xerox  COLOR C60 PRO with Capability to print on specialty media -Multifunctional Laser Production Printer Copier Showroom Color Copiers

Xerox COLOR C60 Multifunctional Laser Production Printer Copier

Sale price
$169
Regular price
$265
Xerox Repo VersaLink B405DNI WI-FI B/W Monochrome Multifunction Laser Printer Copier Scanner (B405DN B405)
Sale
Absolute Toner From $17/month-Xerox VersaLink B405DNM B/W Monochrome Multifunction Laser Printer Copier Scanner (B405DN B405) Showroom Monochrome Copiers

Xerox Repo VersaLink B405DNI WI-FI B/W Monochrome Multifunction Laser Printer Copier Scanner (B405DN B405)

Sale price
$795
Regular price
$1,195
From $35/Month Xerox Versalink C405DNI WI-FI (C405) Color Multifunction Laser Printer Copier Scanner, LCD Touch Screen
Sale
Absolute Toner NEW REPO Xerox Versalink C405DNM Color Multifunction Laser Printer Copier Scanner, LCD Touch Screen For Business Showroom Color Copiers

From $35/Month Xerox Versalink C405DNI WI-FI (C405) Color Multifunction Laser Printer Copier Scanner, LCD Touch Screen

Sale price
$35
Regular price
$45
$35/Month (Available with Toner Included Maintenance program) Xerox Versalink C405DNM C405 C405DN Color Laser Multifunction Printer Scanner
Sale
Absolute Toner Xerox Versalink C405dn C405-M All-in-one Color Laser Multifunction Printer Office Copier Scanner Laser Printer

$35/Month (Available with Toner Included Maintenance program) Xerox Versalink C405DNM C405 C405DN Color Laser Multifunction Printer Scanner

Sale price
$35
Regular price
$44
REPOSSESSED Xerox Versalink B405DN Multifunction Digital Laser Printer SCAN 2 EMAIL Office Copier Scanner
Sale
Absolute Toner $25/month. New Repo Xerox Versalink B405 Monochrome Multifunction  Printer Office Copier Scanner only 4K pages printed Laser Printer

REPOSSESSED Xerox Versalink B405DN Multifunction Digital Laser Printer SCAN 2 EMAIL Office Copier Scanner

Sale price
$695
Regular price
$1,199
$75/month Xerox for Printing Invitation, Envelope Printing and PostCards - C8000DT C8000/DT VersaLink Tabloid A3 11x17 (Also available with White Toner)
Sale
Absolute Toner Xerox VersaLink C8000 Color Laser Printer for Professional Results Showroom Color Copiers

$75/month Xerox for Printing Invitation, Envelope Printing and PostCards - C8000DT C8000/DT VersaLink Tabloid A3 11x17 (Also available with White Toner)

Sale price
$4,650
Regular price
$8,950
$249/Month Roland TrueVIS SG-540 54" Eco-Solvent Large Format Printer and Cutter (Print and Cut)
Sale
Absolute Toner Copy of $245/Month Roland TrueVIS SG2-540 54" Eco-Solvent Large Format Inkjet Printer and Cutter (Print and Cut) Print and Cut Plotters

$249/Month Roland TrueVIS SG-540 54" Eco-Solvent Large Format Printer and Cutter (Print and Cut)

Sale price
$249
Regular price
$349
Xerox C60 Production Color Multifunctional Laser Printer Copier Scanner For Business | Production Printer
Absolute Toner $125/Month Xerox C60 Production Color Multifunctional Laser Printer Copier Scanner For Business | Production Printer Showroom Color Copiers

Xerox C60 Production Color Multifunctional Laser Printer Copier Scanner For Business | Production Printer

Price
$117
$75/MONTH COLOR LASER + WHITE TONER PRINTER - XEROX VersaLink C8000W/ DT WHITE TONER and Color (C/M/Y)
Sale
Absolute Toner XEROX VersaLink C8000W/DT WHITE TONER and Color (C/M/Y) Laser Printer. Showroom Color Copiers

$75/MONTH COLOR LASER + WHITE TONER PRINTER - XEROX VersaLink C8000W/ DT WHITE TONER and Color (C/M/Y)

Sale price
$75
Regular price
$134
$45/month Samsung MultiXpress SL-X7400LX Color Laser Multifunction Printer Copier Scanner 11x17
Sale
Absolute Toner $45/month Samsung MultiXpress SL-X7400LX Color Laser Multifunction Printer Copier Scanner 11x17 Printers/Copiers

$45/month Samsung MultiXpress SL-X7400LX Color Laser Multifunction Printer Copier Scanner 11x17

Sale price
$45
Regular price
$75
$150/month KIP 850 Laser FULL COLOR Large Format Printer (Wide Format Colour Laser Printer)
Absolute Toner $185/Month KIP 850 Laser FULL COLOR Wide Format Printer (Large Format Colour Laser Printer) Large Format Printers

$150/month KIP 850 Laser FULL COLOR Large Format Printer (Wide Format Colour Laser Printer)

Sale price
$7,900
Regular price
$34,000