If you have ever signed any kind of lease before then you know the dangers of not reading through each section carefully. It is far to common for people to trust their agent too much, leading them to signing into deals that they don’t know are bad. It’s always important to do your due diligence to make sure that you aren’t getting ripped off. There is one common way that people end up getting themselves in trouble, and that’s by not watching our for automatic rollover on their copier lease.
Automatic rollover on your copier lease can be a headache if you aren’t aware of what may happen. Automatic rollover on a copier lease is the ability or your leasing company to continue your lease beyond your signed agreement unless you specifically opt out at the end of your lease.
This can be very important in the way that your plan your business. You don’t want to be planning for a new machine for the future only to realize that you are stuck with your old machine for additional months. This can cause a financial problem and a logistical headache.
Always make sure that you watch out for automatic rollover on your copier lease. It’s not the end of the world if they keep that provision on your lease as long as you remember to cancel by the allotted timeline.
Go through your copier lease and see if there is any mention of something like automatic rollover. If so, then mark the dates on your calendar or you could be in pain later on.