
14 Oct Leasing vs. Buying: Wide Format Printers
When it comes to acquiring a wide format printer for your business, the decision to lease or buy can have a significant impact on your finances, productivity, and overall operations. Wide format printers are essential for industries like architecture, engineering, construction, and graphic design, where large-scale prints are necessary for plans, posters, or marketing materials. Arizona Business Equipment is here to help you understand the pros and cons of leasing versus buying to help you make the best choice.
Leasing Offers a Lower Upfront Cost
One of the key benefits of leasing is the lower upfront cost. Rather than paying a large sum for a high-end printer, leasing allows you to spread out the payments over time. This can be especially helpful for small or growing businesses that need to conserve their capital for other investments.
Leasing Provides the Ability to Upgrade to New Technology Faster
Leasing provides the opportunity to upgrade technology more frequently. Wide format printers, like any other office equipment, are subject to advances in technology. Leasing from Arizona Business Equipment ensures that your business can take advantage of newer models as they become available, without the burden of being stuck with outdated equipment.
When You Lease, You Avoid Additional Costs for Maintenance and Repairs
Leases often include maintenance and service agreements. This means that if your printer experiences any issues, the leasing company typically covers repairs and maintenance, reducing downtime and unexpected expenses. The predictability of leasing costs makes it easier to budget over time, as you’ll know exactly what you’re paying for both the equipment and its upkeep.
When You Buy, You Pay Only Once
Ownership provides total control over your wide format printer. Once you’ve purchased the printer, there are no recurring payments, which can lead to lower long-term costs compared to leasing. This is ideal for businesses that rely heavily on their wide format printer and don’t anticipate needing to upgrade often.
Get the Customized Features You Need When You Buy
When you own the equipment, you can also customize it to better meet your business’ needs. This flexibility can be invaluable for businesses that require particular print features or capabilities that printer lease companies may not offer as part of their standard packages. Arizona Business Equipment can help you determine what features you will need to get the most from your investment.
Your Purchase May Qualify for Tax Benefits
Additionally, purchasing a printer may offer tax benefits in the form of depreciation. Depending on the tax laws, you may be able to write off a portion of the printer’s cost each year, helping reduce your tax burden.
Whether You Are Looking to Buy or Lease, Arizona Business Equipment Can Help
Both leasing and buying a wide format printer come with distinct advantages and trade-offs. Leasing provides flexibility, lower upfront costs, and access to the latest technology, making it ideal for businesses prioritizing cash flow and regular updates. Buying offers long-term cost savings, customization options, and tax benefits, making it a better fit for businesses with consistent, high-volume printing needs.
Whether you decide to buy a business printer or invest in a printer lease, look to Arizona Business Equipment for quality products from a local Tucson, AZ, business that serves Tucson, Sierra Vista, and Mesa/Phoenix. Contact us today to explore your options and find the best solution for your wide format printing needs.