You need a copier, but you don’t need one all the time. That leaves you with one smart option: leasing copiers. If you’re like most people, though, the world of leasing copiers is unknown. Where do you begin? What are you looking for? How much will it cost? Before you dive in, you’ve got to collect some necessary information.
That’s where this post can help. Let’s dive in!
Who Should Consider Leasing Copiers?
Today, many companies choose to lease a copier for their small business needs, since the upfront expense is so minimal. It’s a great way to get access to a high-quality copier without the upfront cost of purchasing a new one. save yourself the cost of purchasing one outright. Leasing a copier can also be a smart tax move, for some companies.
When you purchase a copy machine, though, you have total control over both the machine and its maintenance schedule. This is appealing to companies that use them all the time and need that level of control. If you’re not using a copier frequently, though, you might choose, instead, to lease one and save yourself the upfront cost.
Remember that buying a copier also comes with a few significant drawbacks. Not only do copiers, like computers, depreciate in value, but they won’t earn you much profit when it comes time to resell it or trade it in. Additionally, technology moves quickly, and copiers can soon become obsolete. This means that people who invest a lot of money in a copier may find themselves with an old piece of machinery in just a few years.
Leasing a Copier
By all accounts, leasing a copier is a much more flexible option. This is why the vast majority of businesses choose to do it. Here are a few things to know about copier leases:
- Duration. The duration of a copier lease generally runs between 1-5 years. During this time, you’ll make regular payments to the owner of the copier, until the lease term expires. It’s just like renting a car, in many ways. Once the term is up, you can decide to return the copier, purchase it, or trade it in for a new model and start a new lease.
- Cost. The cost of leasing a copier depends on the type of copier you opt for. High-quality copiers may cost upwards of $10,000, and renting them can cost about a thousand dollars a month. This is all highly variable, though, so the best way to determine the actual price is to speak directly to your supplier.
- Upgrades. One of the most significant benefits of leasing a copier is that you have the option to upgrade at the end of each leasing cycle. This means you’ll get a new copier much more frequently than people who decide only to purchase a copier.
- Fine print. Before you sign your copier lease, be sure you read the fine print of the contract. Not only does this make you a more educated leaser, but it’s a great way to catch practices you don’t agree with before you have to face them down the line. While copier leases are generally pretty straightforward, it’s still wise to give the lease a thorough read before you sign on the dotted line.
Which Option is Right for You?
Leasing copiers is an excellent choice for anyone who wants to introduce new tech into their office but doesn’t want the responsibility of purchasing it outright. Not only do copier leases result in lower upfront costs, but they’re more flexible than copier purchases.
Plus, when you work with a qualified copier leasing company, you can get professional guidance on the type of machine that’s right for you, and which features you need to grow your business. It’s an easier way to access great technology – all around!
Ready to lease a copier for your company? Contact us today to learn about your options and browse our selection.
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Meta title: Want to learn more about leasing copiers and whether it’s a smart choice for your company? Here’s everything you need to know before you make a move.
