It’s in the Fine Print
The “Gotchas” in your equipment leases will get you every time. The “Gotchas” in your equipment leases will get you every time.
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7) Watch for Hidden Penalties: Penalties as high as 60 percent can be buried in the maze of legal language. Extra costs hide under clauses such as return provisions, restocking fees, maintenance requirements, equipment upgrades, advance notifications, acceptance deadlines, cancellation fees and automatic extensions.
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Mary A. Redmond
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