A quality copier is a vital part of any business and replacing any office equipment is a universal headache for businesses, regardless of their size. Once you’ve decided between the Kyocera and the Sharp copy machines, weighed the options of a black and white versus a color copier, and determined how many copies per minute will maximize your productivity, there is still one last decision to make: should you lease your new copier or should you buy it? Consider the following points before making that final decision.

ModernDayOfficeSpace

Benefits of Leasing a Copier:

  1. Copier leases require a low initial investment. The upfront costs to place a leased copier in service are significantly less than the purchase of the same machine.
  2. It’s easy to stay updated. A copier lease typically allows for the customer to replace their machine at regular intervals, keeping the equipment from becoming obsolete.
  3. Credit establishment. For smaller businesses or those that are just starting out, it can be difficult to establish a credit history. Making timely payments on a copier lease allows you to use the lease company for a credit reference.

 Benefits of Purchasing a Copier:

  1. The long-term cost is less when you purchase your copy machine. While the initial investment is higher to purchase than to lease, it will cost less than the lease term of the same copier.
  2. There is no contract. By purchasing your copier outright, you can choose to upgrade at any time. This can be an important determining factor if your business is still growing.
  3. You have more control over your equipment. When you purchase your copier, you can relocate the machine at will without requesting approval.

The choice of whether to lease or purchase your new office copier is not one to be taken lightly. For assistance determining which option is a better fit for your company, contact us today or request a free business copier quote.