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Friday, January 26, 2007

Equipment Leasing: Fitness Equipment

The demand for fitness equipment has greatly increased owing to a rise in diabetes and other obesity related disorders. For many people, maintaining a healthy weight and lifestyle has become a necessity. This requires specialized gym and home fitness equipment. But the purchasing of new health and fitness equipment is a very costly expenditure. That is where leasing comes into the picture.

The leasing term for a fitness equipment lease can be of 24 months, 36 months, 48 months or 60 months duration. Some of the many types of fitness equipment that can be leased include aerobic equipment, cardio equipment, free weights, treadmills, women's fitness equipment and yoga equipment.

Several options are available for leasing of fitness equipment like Fair Market Value (FMV) leases, one dollar buyout leases and 10% contract leases. With the fair market value lease option, you can choose to return the equipment, purchase equipment for its FMV or renew the lease at the end of your leasing term. The ''one-dollar buy-out'' scheme gives the client a choice to buy the equipment outright at the end of the lease. With the 10% contract option, the lessee can purchase the equipment at only 10% of its original cost.

To know more about fitness equipment leasing or for any equipment leasing requirements, do contact the Graphic Savings Group.

Service Contracts and Copier Leasing

Service Contracts can be a hidden expense or a great money saver. You just have to know a few numbers before you determine what you want.

Copier service contracts can be supplies-inclusive or without supplies. That's the first breakdown you'll want from a copier broker or manufacturer. Especially with color copier leases, this can be a radical difference in price.

Start with your monthly volume, looking at both black-and-white and color copies to figure out exactly how many copies you're making each month. If this number fluctuates substantially, you will likely want to keep your supplies separate, in order to avoid costly minimums or raising your average cost per copy simply through inactivity.

In addition, you'll want to know the cost of the supplies on the open market for the maching you are using as well as the average yields. That will let you do a ballpark estimate on the cost for toner on the specific copier model you are leasing.

In reality, the service contract can often be the most lucrative portion of a deal for a broker trying to get you to sign a copier lease. Your job is to slow them down and take a hard look at the numbers above first. If you are a heavy user with a high-volume copier, than an annual service contract may represent a great option. But even then, you can still entertain quotes from third party service providers or look into self-service.

If you're looking at service contracts and copier leases, please consider talking to the Graphic Savings Group.
 
     


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