Centrafin
Indefinite period rental - Read your contract

Please read your contracts people!!! In 2004 the company signed a rental contract for 60 months. In 2013 we realized we are still paying for the rental. We have paid more than double what the system initially costed us. And to now cancel the "rental contract", we have to pay a further R3 219.36 (4 Months rental). In total, this "rental contract" for a PABX system purchased from Siemens has run for 108 months and we have paid R86 922.72 for the R30 000 system. I think it's very unethical.
From: Sue Naidoo [Email Removed]
Sent: 16 April 2013 03:25 PM
As per the terms and conditions Clause 19. This agreement shall continue after the rental period subject to the conditions contained herein, for an indefinite period until terminated by either of the parties giving the other written notice of termination, provided that the notice shall not be given before expiry of the number of months reflected against Rental Period in the equipment schedule. (Cancellation not received)

& Clause 11.2 User shall, on termination of this agreement, return the goods together with all applicable documents to Hirer at User's cost and expense. (Our equipment has not be returned)

Company: Centrafin
Country: South Africa
City: Midrand

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