23 Jun Weighing the Pros and Cons of Leasing a Copier
Leasing a copier can free up money in your budget for more urgent needs, and offer you a certain degree of freedom and flexibility. This is especially helpful if you own or operate a small business, or are just getting started in your industry. Here’s a look at the pros and cons of leasing an office copier.
Pros of Leasing a Copier
Leasing a copier means that you’ll have a much lower upfront cost. This is pretty valuable if you’re just starting out. You also have the option to upgrade your copier at the end of the lease period, so if you’ve figured out that it isn’t working for you, you can try a different model. You also won’t need to pay for upkeep or maintenance yourself – it’s included in your contract. If something goes wrong, your leasing agency will handle it for you.
Cons of Leasing a Copier
The main con of leasing a copier is that you have to enter into a contract. If your business closes or you want to change your options, you will need to renegotiate your contract and possibly incur fees. You also won’t have the option to sell the copier when you’re done with it.
Pros of Buying a Copier
The purchase price of a new copier is tax deductible. Buying a copier might also have a lower cost over time because you’ll save money on interest and fees. You also won’t need to sign a contract or deal with a third party, and you can sell the copier when you’re done with it.
Cons of Buying a Copier
The main con of buying a copier is that you have a high cost upfront. The copier will also decrease in value over each passing year, and might become obsolete in just five years. Then you’ll need to buy a new one. If something goes wrong with it, you’ll have to pay for it yourself.
At Arizona Business Equipment, we offer affordable, quality printer and copier rentals and leases throughout Southern Arizona. We can help you customize an office equipment rental plan or lease that meets your company’s needs, goals, and budget. Contact us today to learn more.