Should You Buy or Lease Your Office Technology?

Should You Buy or Lease Your Office Technology?

When you're shopping for new office equipment, you have a lot of decisions on the table to make. You're wondering what make, model, and brand of printer or copier you'll buy, and probably wondering what features you'll want. You have another decision to make before you choose these options, however: whether you want to lease or buy your next copier.

Some businesses forget that leasing is an option, instead of putting up the cash up front for an expensive new machine. Although leasing isn't the right choice for every situation, it can be a flexible solution for your business. Here's a side-by-side comparison of buying and leasing printers and copiers.

Leasing a Copier

There are many reasons that companies lease copiers, including the lower upfront cost and the flexibility. Leasing is a good way, as well, to keep up with rapidly changing technology. With leasing, you can upgrade your multifunction printer as soon as you'd like a new feature or function, rather than waiting until your old machine is ready to go and buying a new one.

Leasing is an excellent choice for companies that are expanding and growing quickly. For these businesses, freeing up cash flow is essential, and leasing lowers the initial cost of equipping your office.

Buying a Copier

On the other hand, buying is a good choice when you're getting settled into your new venture and ready to put down roots. Buying is cheaper in the long run, although the initial cost is significantly higher. Buying a copier or multifunction printer allows you to get every bit of usefulness out of your devices and you won't be bound by any terms of a lease.

If you're interested in learning how you can buy or lease our next copier, contact us today.

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