Get The Lowdown On Securing A Fair Contract

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Office Equipment Leasing Pitfalls

When it comes to office equipment such as copiers, phone systems and franking machines etc it is considered normal practice to use a finance lease with rental being the more popular option. Listen to a typical salesperson and they will tell you the rationale for longer leases is a cheaper payment and your ability to…

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Frankly Machines

While carrying out one of our free contract reviews for a local charity, we noticed that the franking machine which they had leased didn’t match the machine described on the paperwork, basically it wasn’t as good as the one they had been promised. (Ok, this is going to be a long one, so grab a…

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Absurd Terms Continues

More absurd terms with unfair charges attached to them this week. It’s the turn of the maintenance and support agreements to take the gold medal for greed and stupidity.  For example, these terms were found in a maintenance agreement from a company based in Ware, Hertfordshire. 15.          The duration of this agreement shall be for…

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Absurd Terms

In the Office Equipment industry there are some wild and whacky contract terms, many of which can be found on suppliers service and maintenance agreements. These are often cobbled together by over-enthusiastic salespeople when they start their company or a new guy who ‘knows all that stuff’. Today, we are going to look at a couple of terms found in maintenance and support agreements from a photocopier supplier based in Edenbridge, Kent, but they are not the only culprits.

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Is Lease Financing Fair?

Would you sign for a brand new sofa, delivered by two grubby herberts with an iffy van, if you had not checked it over for rips, scuffs and problems?  Would you sign for it before it had even left the warehouse? Yet the photocopier equivalent of signing to say you are delighted with your lovely…

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When is an agent, not an agent?

Scenario: You are approached by a sales company with a super duper, new fandangled photocopying, telephone franking machine, wotsit, thingy, doodah, it costs just £20,000.00, “but you sir, you can have it for just 20 pence per week on a 10 year lease if you sign my order now!”, says the salesperson. “We will also…

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School saved from £5m contract

Laser Printer: £320.00 +vat, 12 Months parts & labour cover: £44,000.00 +vat. A School in the South East were advised that individual printers would work better for them than a centralized printing facility. An office equipment dealer arranged a finance lease for 47 printers on their behalf, including cabling and installation. Over the 5 year…

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Community Sport Ltd contracts

When is an exclusive advertising contract NOT an exclusive advertising contract? When you sign a contract with Community Sport Ltd, apparently! A property letting agency recently contacted us for help, after a representative of Community Sport Ltd offered them an exclusive deal to advertise in a publication for the leisure department of a local council.…

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Photocopier Shocker!

[vc_row][vc_column][vc_column_text] LIES AND GENERIC DOCUMENTS Working with a client to acquire a photocopier recently, we invited companies in to  quote for the business. When we queried some of the terms in the finance document, One sales rep from a company based in NW Kent emailed our client written confirmation, allegedly authorised by the MD of the…

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How to be a leasing winner

1 If you want a copier for 3 years, get a 3 year lease, if you want it for 5 years, get a 5 year lease. Lease rental periods typically vary in length from 3 or 5 years for photocopiers, 6 years for franking machines and 7 years for telephone systems, and, as a general…

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Overpaying for Photocopiers

OVERCHARGED ON A LEASE We were contacted by an overseas company who were concerned that their UK office was paying too much for their photocopiers. We completed a review of the office equipment agreements for the UK operation, we found that they were in fact paying finance Leases for 5 photocopy machines to One dealer yet they…

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