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Lease mechanics

Lease Term

A lease term is the fixed contract period, stated in months, during which you pay to use the equipment.

A lease term is the fixed contract period, stated in months, during which a lessee pays for the use of equipment under a lease agreement.

For office printers and copiers in Australia, lease terms typically run from 36 to 60 months.

The term length affects the monthly payment, since a longer term reduces the monthly figure, as well as the equipment refresh cycle and the notice window needed to exit or renew at the end.

Most Mid North Coast businesses on a Toshiba eStudio lease choose 36 to 48 months as the balance between monthly cost and flexibility.

In short

  • The fixed length of the agreement, usually 36 to 60 months.
  • Longer terms lower the monthly payment.
  • Sets your refresh cycle and your end-of-term notice window.

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