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Lease renewal

How to Get Out of a Printer Lease Before the Term Ends

If your printer or copier lease still has time left on it, start with what to check, not what to sign. The exit figure comes from your financier, not from LeasemyPrinter, even on leases we originally arranged.

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Getting out of a printer lease before the term ends starts with three checks: locate the early finish clause in your own contract, request a written payout figure from the financier who holds the agreement (not from LeasemyPrinter, even on leases we originally arranged), and only then compare that figure against a replacement lease from $160/month ex GST on a 36 to 60 month term.

What happens if you wait

  • A device you no longer need still carries its full monthly cost until the lease formally ends or is paid out.
  • Exit figures are time sensitive.A figure requested today may not hold in three months, because it moves as the remaining term reduces.
  • Getting the payout figure early gives you time to compare it against a replacement lease, instead of deciding under pressure at the last minute.

The three checks to make before you sign anything

Read your own lease agreement, not the original quote, and find the clause covering early finish, default or termination.

It is usually a specific numbered clause rather than the main pricing table.

Request a written, dated payout figure from the financier who holds the agreement.

LeasemyPrinter is not a finance company, so even on a lease we originally arranged, the figure is set by the funder named on the paperwork, not by us.

Ask what the figure includes: remaining payments, any early termination component, and any administration or collection charge some financiers apply.

A verbal estimate is not enough to plan against.

Why businesses look at exiting a printer lease early

A lease can outlast the reason it was signed.

Common triggers include downsizing, an office closure, a merger, a change in print volume, or a device that no longer fits the job.

None of these situations change what the contract says.

The agreement keeps running until the end date or a documented early payout, whichever comes first.

Working through this now? We can map the timeline with you.

Our own agreements: where Clause 14 fits in

LeasemyPrinter agreements do not auto renew, and Clause 14 sets out any early finish costs in plain English.

If your existing lease was arranged through us, read that clause first.

The exact current figure still needs to be confirmed in writing with the financier named on the agreement, because it moves as the remaining term reduces.

If your lease is with a different provider, the same rule applies in reverse.

We cannot see or quote against a contract we did not write, so locate your own agreement and put the request to your own financier.

Where a replacement lease fits in

Once you have a written payout figure, you can compare it against a fresh lease rather than guessing.

A replacement device leased through LeasemyPrinter starts from $160/month ex GST on a 36 to 60 month term, covering the equipment, toner, parts, service labour and call outs.

You only buy paper.

Some businesses time the new lease to start once the old payout is confirmed, so there is no period running two leases at once.

Others install the new device first and settle the old lease afterwards, once the exit figure is agreed.

Either order can work: what matters is having the payout figure in writing before you sign anything new.

New leases through LeasemyPrinter do not auto renew, and the same Clause 14 wording applies going forward, so there is nothing to track for an unwanted rollover next time.

What LeasemyPrinter can and cannot do here

We can quote a replacement device, explain how our own lease terms work, and set out the questions worth putting to your financier.

We cannot cancel, waive or reduce a lease held with another provider, and we cannot supply a payout figure on a contract we did not write.

That number comes only from the financier holding your current agreement.

For anything turning on the legal wording of your contract, or the tax treatment of an early exit, speak with your own solicitor or tax adviser before you sign anything.

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Frequently asked questions

Can I get out of a printer lease before the term ends?

Usually yes, subject to the terms of your own agreement.

Most operating leases allow an early finish for a documented payout figure covering the remaining commitment.

The exact process and cost are set by the clause in your own contract, so start by reading it rather than assuming a figure.

Who sets the cost of exiting a printer lease early?

The financier who holds your agreement, in writing.

LeasemyPrinter is not a finance company and does not hold that figure, even on leases we originally arranged, because the finance sits with the funder named on the paperwork.

Ask for the current figure in writing, since it changes as the remaining term shortens.

Can LeasemyPrinter cancel or reduce my current lease?

No.

We cannot cancel, waive or reduce an agreement held with another provider, or the financier behind an existing LeasemyPrinter lease.

What we can do is quote a replacement device and explain how our own lease terms and Clause 14 work, once you have your exit figure.

What if I do not know who my financier is?

Check the lease paperwork itself.

The financier is usually named on the signature page or the direct debit authority, separate from the equipment dealer or reseller who arranged the deal.

If it cannot be located, an accountant can often identify the financier from the payment records.

Print security and procurement: the numbers behind a smarter print lease

Independent, sourced data on why a managed, single vendor print fleet matters and how the lease versus buy decision is treated for tax.

Each figure links to its source.

Australian businesses are small

97.3%

Of Australia's 2,729,648 actively trading businesses were small businesses with fewer than 20 employees at 30 June 2025.

Read the detail

That is the segment a printer lease is built for.

It trades a large upfront purchase for a predictable monthly cost.

According to Australian Bureau of Statistics · ABS Counts of Australian Businesses, 30 June 2025 (n = 2,729,648)

Print related data loss

56%

Of organisations reported at least one print related data loss in the past year.

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An unmanaged printer stores and routes confidential documents.

For medical, legal, accounting and local government offices, that is a genuine exposure.

According to Quocirca Print Security Landscape 2025 · Quocirca, July 2025. International survey of 400 IT decision makers (US and Europe)

ATO instant asset write off, 2025 to 2026 window now closed

$20,000

If you bought equipment outright, the write off applied to eligible small businesses with an aggregated annual turnover under $10 million.

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It covered the business portion of eligible assets costing less than $20,000.

The asset had to be first used, or installed ready for use, between 1 July 2025 and 30 June 2026.

That window has closed.

The threshold for 2026 to 2027 is not yet law, so check the current figure at ato.gov.au.

Genuine operating lease payments are instead deductible as a business expense each period.

General information, not tax advice.

Confirm the right structure for your situation with your accountant.

According to Australian Taxation Office · Australian Taxation Office, 2025 to 2026 income year

Printer leasing terms explained

Browse the full printer and copier leasing glossary

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