Lease Term
MFD Printer Lease
Key Differences Between Leasing and Buying
Volume and capacity requirements for usage
Benefits of buying copiers and printers include:
Key Differences Between Leasing and Buying
Volume and capacity requirements for usage
Benefits of buying copiers and printers include:
To decide between leasing and buying, it's important to compare total costs over the useful life cycle of the equipment. Major factors to include in the cost analysis:
Tax Treatment: Lease payments can be claimed as an operating expense. Purchased assets may also be depreciated.
Lease term length - usually 3-5 years, but can be shorter.
Monthly duty cycle - Total monthly recommended print volume
When purchasing copiers, printers, and MFPs, it helps to:
Short-term rentals are a good option for sporadic equipment needs. They allow you to access the equipment without making a large investment. Rental costs can be deducted as part of your business's operating expenses.
Budgeting for predictable monthly expenses
Acquiring Copiers & Multifunction Printers: Leasing, Rentals, or Buying
Compare the cost of leasing vs. buying a copier
The shortest time between 1-3 months
Research leasing companies and vendors
Lease payments are made monthly
Upfront purchase or down payment costs
SLA uptime guarantees - Ensure adequate response time and uptime
Get quotes from several providers
Technology can be upgraded more frequently
Leasing, renting and purchasing are all viable options when it comes to acquiring new multifunction printers or photocopiers. The best decision is based on factors such as costs, equipment requirements, usage levels and ownership goals. Asking the right questions and conducting thorough research will help you choose the best route to acquire the technology that you need.
Ongoing maintenance and supply expenses
One cost-effective option is leasing copiers instead of purchasing them outright. Leasing spreads costs over time, includes maintenance, and allows for easy upgrades.
Research and partner with reputable copier suppliers or leasing companies known for offering high-quality, reliable copiers.
The best choice depends on your specific requirements. Evaluate factors like budget, usage volume, and desired features to determine if leasing, purchasing, or renting is ideal.
Leasing offers benefits like lower upfront costs, maintenance included, flexible terms, and easy equipment upgrades.
Compare lease offers from different providers, negotiate terms, and consider refurbished or lower-volume models for affordability.
Ensure the lease aligns with your business needs, choose the right leasing company, and maintain the copier properly to maximize its utility.
Leasing provides budget flexibility, access to advanced technology, tax advantages, and eliminates the hassle of equipment disposal.
Assess your usage, budget, and service requirements. Read lease terms carefully, negotiate when possible, and choose a reputable leasing company.
Opt for a fair market value lease, consider energy-efficient models, negotiate service agreements, and assess your true copier needs to save costs.