Some people prefer to lease a computer rather than purchase one outright. This is an option for either the individual or a business. There are several different things to consider when leasing a computer in California, not the least of which is cost. You’ll want to ask yourself how cost effective it is to lease rather than buy. You’ll want to read your contract thoroughly and possibly even negotiate a few points.
You’ll want to get all the terms in writing. Who is responsible for servicing the equipment? What if it is stolen? Will printers and other peripherals be provided? Once you decide which products and services are important to you, you will be in a better position to negotiate a good deal.
Computer leasing is really more feasible for at least a small business and certainly a large one. It’s the individual that chooses to lease a computer that may not be making the best business deal. Yet, sometimes the monthly payment is more attractive than the entire price up front. Consider whether you would be better off to wait for a sale, use a low interest credit card, or explore alternatives other than a computer lease for your personal computer.
The most important aspect of this kind of business deal just can’t be stressed enough and that is to read the fine print. Regardless of what is verbally agreed to, make sure you also have it in writing and be sure to read the contract in its entirety as it may contain things you hadn’t even thought of. Look at maintenance, wear and tear, and duration, as well as overall cost. Compare the lease cost to the purchase price ofr a computer split over the same duration.
You’ll probably have to shop around before you find the company and the deal that is right for you. If at all possible, you’ll want to keep as many services as you can with the same company. That will make things easier for you and quite possibly cheaper.
Realize that if you don’t fulfill your contract there will probably be an Early Termination Fee (ETF) and these can be expensive. If you expect to need to terminate early, leasing may not be for you. Check to see if that fee is reduced the closer it gets to the fulfillment of your contract. If it’s not, then it’s time to negotiate.
Negotiation will be a key factor in the kind of deal you make. Don’t make the mistake of not looking at the long haul. What sounds great today may not work for you in 6 months. In other words, make sure this is something you really want to do before you sign anything.