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Lease Term

What is 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.

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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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Frequently asked questions

What lease term is right for an office printer?

Office printer and copier leases in Australia usually run 36 to 60 months.

A longer term lowers the monthly payment but sets a longer refresh cycle, while a shorter term costs a little more each month and lets you upgrade sooner.

Match the term to how long the device suits your volume and how often you want to refresh.

Cyrus Dickie, Founder at Global Document Solutions

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.

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Lease term

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  • Maintenance and genuine toner included
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