| Maintenance
Issues
On Lease Agreements
National Neon’s lease rental rate always includes the
full cost of normal maintenance. The amount of maintenance
required is based on data and statistics culled from over
50 years of servicing leased signs representing in excess
of 500 contracts to date. In short, it is experienced-based.
On Purchase Agreements
When you purchase a sign, the maintenance becomes your responsibility
after the warranty period expires. As mentioned earlier, check
that labour and materials are covered in the warranty. If
you own one or even a few signs, your experience with regards
to maintenance will depend heavily on the quality of the signs
to begin with, varying randomly as to amount and timing. You
may luck out or could end up with a sign that, for whatever
reason, needs more than average servicing. One way to get
a handle on the service requirements is to price out a maintenance
contract on your sign(s). This service cost should be added
to the cost of purchasing when comparing to the lease option.
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