Monday, March 15, 2010

The time to buy or lease is NOW before prices increase again!!

This was posted today by a Print4Pay Hotel member.

If you're in the market for an Multifunctional Copier, Printer or Scanner, the time to buy or lease is NOW before prices increase again!!

I have noticed there have been a lot of changes in the Value of International Currency vs the USD.

Samsung a year ago was getting a huge currency advantage with the South Korean WON at 1453 vs $1.00. It has now fallen to 1125 as the USD continues to weaken.

The Canadian $1.00 is now slightly above the USD.

$1.00 USD has fallen from 98 Yen to 90 Yen over the last year.

Some MFP vendors will soon be forced to soon raise prices simply because of current unfavorable currency valuations. It is not uncommon for National Copier Manufacturers to strike a deal with their foreign HQ twice a year to fix currency rates for the next six months. That negotiation usually occurs around now with a weak USD and again in Sept.

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