Something is developing in Canada and the purpose of this thread is hoping that less become the victims. SPREAD THE WORD.
What it is
- Locking clients down on leases they cant afford through "rebates".
Things to look for
as a client
- Do you have the lease agreement?
- Does it take forever for equipment company to provide one? or NEVER?
- If you do have the agreement, do the SERIAL numbers match? cross reference with leasing company.
- Too good to be true service agreements?
- Offered rebate that rolls the old lease onto the new one?
- Started lease payment before the machine arrived
- Delay in rebate cheques.
as a service provider
- Do you have anxi employers, very disorganized?
- swapping parts to fix machines, rarely buy new
- preping old machines that just came in to be turned around. (with unknown leasing status)
- do you drop off cheques for your employers but dont really know what they are for?
*NOTE! One can argue that as long as rebates keep coming there's no issue. But when it STOPS, the numbers become frightening. Multiply by number of clients, and how much individual client is in for (think brand new Loaded Camry as rough MINIMUM estimate)
Whats happening
What you should do
as a client
as a employee
What could we do? If we do it wrong, there goes our reputation in the small community and get in legal trouble? Stay to the bitter end without knowing? I dont know what to say.
Dislaimer: All these are what I compiled through word of mouth in the last couple days, it is meant to raise awareness not meant as legal council.
All the best
J
What it is
- Locking clients down on leases they cant afford through "rebates".
Things to look for
as a client
- Do you have the lease agreement?
- Does it take forever for equipment company to provide one? or NEVER?
- If you do have the agreement, do the SERIAL numbers match? cross reference with leasing company.
- Too good to be true service agreements?
- Offered rebate that rolls the old lease onto the new one?
- Started lease payment before the machine arrived
- Delay in rebate cheques.
as a service provider
- Do you have anxi employers, very disorganized?
- swapping parts to fix machines, rarely buy new
- preping old machines that just came in to be turned around. (with unknown leasing status)
- do you drop off cheques for your employers but dont really know what they are for?
*NOTE! One can argue that as long as rebates keep coming there's no issue. But when it STOPS, the numbers become frightening. Multiply by number of clients, and how much individual client is in for (think brand new Loaded Camry as rough MINIMUM estimate)
Whats happening
- reports of mismatched serial numbers, or simply missing. (serial# list A to client, serial# list B to leasing company,)
- never delivered accessories either in software of physical add-ons (acc list A to client, acc list B to leasing company)
What you should do
as a client
- do not sign ANYTHING in good faith, as some cons are long terms.
- make sure everything is written and fill out legit.
- get a copy of lease agreement ASAP, otherwise dont even consider.
- operate within your means, cant say this enough.
as a employee
What could we do? If we do it wrong, there goes our reputation in the small community and get in legal trouble? Stay to the bitter end without knowing? I dont know what to say.
Dislaimer: All these are what I compiled through word of mouth in the last couple days, it is meant to raise awareness not meant as legal council.
All the best
J
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