How Can I Finance My Commercial AutoPilot® System?
You’ve done your research and decided that an AutoPilot® salt chlorine system is the perfect system for your commercial swimming pool. Now you want to look at the different payment options available to you. Whether you have an Olympic pool, a condominium, kiddy pool, or a water park, the AutoPilot® system will assure that your customers, condominium residents, kids, etc. will have a safe and enjoyable swimming experience. At AutoPilot® we are happy to provide you with an equipment lease/rental program to help with your budget, and be able to have the best salt chlorinator system in the swimming pool industry.
How Does It Work?
Once a system has been chosen, a formal equipment Lease or Rental Agreement will be filled by AutoPilot® and an authorized dealer or third party subscriber (usually the property or facility the system is being installed at). The authorized dealer in the Lease/Rental Agreement would provide installation, field service, and warranty support for the equipment as part of the agreement. Labor is covered under warranty for the first year only. Parts are also covered under warranty for the first year under the Lease Agreement, but are covered for the entire duration of the Rental Agreement. Other costs involved with the installation and peripheral equipment can also be added to the total Agreement costs.
Payments and Terms
An automatic payment schedule is arranged for deduction from the subscribers’ bank account. The start of the agreement is the day the installation is completed, and payment is immediately due. All future payments will be deducted on the same cycle as the initial payment, unless other arrangements are made in advance. For the Lease Agreement, you can choose either 24 or 36 months, with the initial payment covering two (2) months payments (first and last months). For the Rental Agreement, you can choose either 36 or 48 months, with just the first month payment due upon completion of the installation.
End of Term Options
Upon termination of the agreement, the subscriber has the option to Cancel and Return, Rollover the Lease/Rental, Buy the Equipment, or Begin a New Lease/Rental Agreement. Written Notice of Intention is needed at least 30 days prior to the end of the Agreement.
Cancel and Return: Arrangements are made for the system to be removed and plumbing returned to operating condition.
Rollover the Lease/Rental: Continue to pay the same monthly rate with the same equipment.
Buy the Equipment: The subscriber buyout for the Lease Agreement is ten percent (10%) of the current MSRP when buying directly from AutoPilot®. The Rental Agreement can be as much as thirty three percent (33%) of the current MSRP when buying directly from AutoPilot®, and is based on any increased cost of materials (further explained in the Agreement).
Begin a New Lease/Rental Agreement: The old system is removed and replaced with new equipment, and a new Agreement payment is calculated, based on the current cost of equipment. In most cases, the new Lease/Rental payments should be lower, as it will not have the additional costs of the initial electrical, mounting, or plumbing costs included.
Installation and Removal of Equipment
The authorized AutoPilot® dealer is utilized to install or remove the equipment described in the original agreement. The installing dealer is not responsible for any condition created during installation or removal of the equipment, unless it was caused by the dealer’s negligence. Upon removal of the unit, the dealer should restore the installation location back to acceptable operating condition.
These are just some of the basic outlines of the Lease/Rental Agreement for the Commercial installation of the AutoPilot® salt chlorine generator for your swimming pool. We hope you have found this information helpful. Should you require additional information, or are ready to move forward with getting an AutoPilot Commercial Salt Chlorinator System for your facility, please feel free to contact us here, and as always, if you have any questions or further comments please do not hesitate to contact us or leave a message below!