Lease mechanics
Auto Renewal Clause
What is Auto Renewal Clause?
An auto renewal clause automatically extends a lease unless the customer gives written notice inside a set window before the end date.
An auto renewal clause is a term in a lease contract that automatically extends the agreement for a further period, commonly 6 to 12 months, unless the customer gives written notice inside a set window before the end date.
That notice window is typically 60 to 90 days before the term ends, and missing it can lock a business into further payments on equipment it intended to replace or return.
LeasemyPrinter agreements do not auto renew, so there is no rollover clause to catch you out, and nothing extends into a new term without your written sign-off.
Checking any existing lease for an auto renewal clause, and the exact notice window it requires, is one of the first things to do when a printer or copier lease is approaching its end date.
In short
- Automatically extends a lease unless notice is given inside a set window.
- The notice window is commonly 60 to 90 days before the term ends.
- LeasemyPrinter agreements do not auto renew.
The renewal notice window
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Frequently asked questions
What is an auto renewal clause on a printer lease?
It is a contract term that automatically extends the lease, commonly for 6 to 12 months, unless the customer gives written notice inside a set window, typically 60 to 90 days before the end date.
Does a LeasemyPrinter lease auto renew?
No.
LeasemyPrinter agreements do not auto renew.
We contact you before the end date so you can choose to upgrade, continue at a reduced rate, or return the equipment at no cost, and nothing rolls over without your written sign-off.
Cyrus Dickie
Founder, Global Document Solutions
You deal with the founder directly, from first quote to ongoing support, since 2010.
Authored by Cyrus Dickie, Founder at Global Document Solutions. In the industry since 2010.
See it on a lease page
Related terms
- Lease TermA lease term is the fixed contract period, stated in months, during which you pay to use the equipment.
- End of Lease BuyoutAn end of lease buyout is a final payment that lets a business take ownership of a leased printer instead of returning it or upgrading.
- Operating LeaseAn operating lease lets a business use equipment such as a printer for a fixed term and return it at the end, without taking ownership.
- Finance LeaseA finance lease is an agreement under which a business effectively finances the purchase of equipment and carries most of the risks of ownership.
- Cost Per Page (CPP)Cost per page (CPP) is an industry billing model where each page a leased printer produces carries a separate charge, common on managed print contracts.
Enquired on Monday and had a printer installed by Friday. Fast, easy, and exactly what we needed.
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$160/month
ex GST
Lease term
36 to 60 months
- Maintenance and genuine toner included
- You only buy paper
- Same business day response, Mon to Fri
- No obligation, and no automatic renewal without your written approval