Copier, Printer, Scanner Repair Company in Nassau, Queens, NY

Sales

USED, (OFF-LEASE) COPIERS AND MULTI-FUNCTION PRINTERS

IN QUEENS AND NASSAU COUNTY AT A GREAT SAVINGS!

Ricoh - Kyocera - Canon - HP - Lexmark

36 year old, independent office equipment servicing company sells and rents very late-model, low-meter copiers and multi-function printers for more than 55% less than the best-discounted-price these machines would sell for when new! The difference between us and almost anyone else selling used, off-lease equipment on the internet is that we will not sell to you if you are outside of our servicing area. In other words, you're getting our service team with the machine. 

They say that knowledge is power. The sole purpose of this page is to inform you in detail as to how we can acquire used office equipment in like-new condition and why the financial mechanics of the leasing industry allows us to purchase and resell it to you so inexpensively. While this page may read more like an essay than an advertisement, it may be well worth your time to read it through because you can be sure that no salesman for any office machine dealership will ever tell you what we're about to reveal to you!

According to several of our industries most reliable sources for statistical data, approximately 20% of all copiers and multi-function laser printers, returned at the end of the three-year lease, still have more than 80% of their useful life remaining.

If you frequently try to squeeze as much life as possible from your office machines then it must be a little disconcerting to know that there are many companies and institutions that routinely replace their office equipment every 36 months without any concern as to whether they actually "got their monies worth" out of the last machine(s) that they just returned! These organizations enjoy the luxury of simply passing on "the cost of doing business" to their customers and constituents without having to justify their overhead expenditures to anyone. They are the major banks, insurance companies, major manufacturers, media giants, universities, school systems, hospital systems, government institutions, etc. They by-pass the local retail office equipment dealers and contract directly with the equipment manufacturers as "major or national accounts" and take in fleets of equipment on 36 month leases. Inevitably, a good 20% of these units are returned at lease end hardly used! It's called corporate and institutional waste.  Additionally, a lot of small businesses that should be concerned about their overhead are often persuaded by dealer salespeople into taking short-term leases on high-volume equipment that their business use can't justify.

Here's Where It Gets Interesting.... The financial mechanics of office equipment leasing

While automobiles are amortized over eight years, office equipment is amortized over only five years and the financing works on an accelerated curve. Or, in other words, the lease is "heavily loaded on the front end." At the end of 36 months, the lessee pays approximately 76.5% of the actual value of the equipment, plus the finance charge. "Actual value" or "capitalized cost" is defined as the dollar amount that you would have paid the vendor for the equipment had they not sold it to a leasing company on your behalf and at the same price. At the end of the lease, when you return the equipment, the leasing companies recover the approx. 23.5%  of the "residual value" left on the unit from companies like ours. 

Here's Where It Gets Even More Interesting!... What actually makes this whole thing work

Unlike automobile leases, office equipment leasing companies don't care how much mileage you put on the equipment. You'll pay the same 76.5% of the actual value of the unit whether you return the machine with under 20,000 copies on it or over 200,000 copies and leasing companies will try to recover the same 23.5% of the residual value on the unit, regardless of the meter!  Furthermore, lease returns are not offered exclusively to factory authorized dealers and, frankly, the dealers are not interested in selling used equipment unless it happens to be a unit that they themselves took back on trade. You may disagree with us if you were ever involved in a lease that included "free service and supplies" but actually limited you to the number of copies you could make over the course of the lease. But that limitation is not imposed by the leasing company but by the dealer who must provide the so called "free service and supplies".

We purchase only the lowest meter lease returns!

Let's Spell It Out... (an example)

An equipment dealership sells you a copier with a list price of $16,000 at a competitive discounted price of (say) $10,000, not to the you but to a financial institution, (a leasing company,) on the your behalf. The leasing company then bills you on a monthly basis for thirty-six months. At the end of the three years you have paid $7650 of the original $10,000 value of that equipment plus the finance charge and then you return it to the leasing company's receiving agent who recovers the residual value of the machine by selling it to us for $2350.

After a thorough cleaning and inspection, we resell the equipment to you for $4500, which is 55% less than the competitive discounted price of $10,000 when sold as new. But here's the great part. This particular copier, when new, has a conservative useful life* of 750,000 copies and we resell it to you with fewer than 90,000 original copies on it. Had this machine originally been placed into service in an environment suited to its abilities, then in order to be cost effective, it should have come off of a three-year lease with between 360,000-450,000 copies on it. However, it is not at all unusual for us to acquire these machines with as little as 90,000 original copies or less. This means that the machine still has 88% or more of its conservative useful life* remaining when you buy it and you're paying for less than 50% of its original discounted price. Pretty good...hey? In contrast, the original lessee used 12% or less of the machine's useful life but paid for 76.5% of its original value, plus the finance charge. 

You get to capitalize on the excesses of large companies!

Please don't be put off by our figures.

$10,000 was just a convenient, round number to use. We also sell very low-meter copiers and multi-function printers whose discounted price, when new, is $3000.00, for less than half that price.

*"Conservative useful life" is our definition (as technicians and not salesmen) as to how much copy or print volume the equipment should be able to comfortably do over a five (5) year period when sold as new.

RENTALS