Standard Office Systems Blog

The Pros and Cons of Leasing Office Equipment

Written by Tech Support | 5/18/17 7:51 PM

 

Is it time for a new copier or printer for your office? When it comes to choosing a new machine, there are quite a few decisions to make. Let's add one more to the mix: to buy or to lease?

Many companies are choosing to lease instead of purchase new copiers, giving some businesses more flexibility and cost-savings. As with any business choice, leasing has pros and cons that you should take into consideration based on your unique company needs. Here are some things to consider when deciding whether to lease or to buy a new copier.

1. Longevity

It's important to remember that some leased copiers are not new copiers. Depending on the dealer you work with, you could lease a used copier to save money in the long run, but you're missing on some longevity. It's also important to remember that when you purchase a copier, you get to use it for its entire lifespan. Leased copiers have annual leasing terms. However, with leased copiers, you often have the bonus of a service agreement to handle routine maintenance and repairs.

2. Cost

Leasing a printer or copier may be more expensive over time; however, some businesses choose this option to conserve capital for large projects. This works because companies can avoid a significant one-time investment in an expensive machine and instead spread the cost into predictable monthly fees.

3. Features

Leasing can be a bonus when you want to upgrade features regularly. When you lease a copier, you can upgrade more frequently without the cost of a new copier, giving you the flexibility to try out productivity-enhancing functions that you may otherwise not have been able to afford.

For more information about purchasing or leasing office equipment for your Atlanta company, contact us today.

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