Many people lease copiers for their company when they don’t want to buy a new one. Leasing is advantageous because it’s cheaper than buying, and you can rent any machine brand at the exact monthly cost. But, there are several benefits to leasing that make it beneficial as well! It’s important to know if your company needs a lease or not before deciding on which option will be better for your business.
If you are in Chicago and you are looking for a Copier in Chicago for your business, you may contact Clear Choice Technical Services in Chicago. You can ask about Copier Leasing Services in Atlanta, Copier rental services in Chicago, and Copier Repair in Chicago.
What are the advantages of leasing a copier for your company?
Leasing is advantageous because it’s cheaper than buying, you don’t need to put any money down toward the lease, and there are no significant upfront costs. You will only have a monthly lease payment that doesn’t change over time instead of financing, with high-interest rates and multiple prices per year. There aren’t many risks when leasing either! If your company outgrows the machine or wants something faster/newer, they can upgrade their lease for free!
Leasing is also beneficial because you can lease a more advanced machine than if you just bought it. Since copier leasing companies have many vendors, they offer the latest tech and newest models, which can be custom-tailored to your specific needs, as well as pricing options that work for any budget!
Another upside of copier lease agreements is that most lease contracts include supplies, maintenance and support services, so there’s no need for an additional cost or hassle on your end when trying to use this equipment. Copiers aren’t like computers where you can buy software upgrades online either; usually, new toner cartridges, drums & rollers must all be purchased from the original manufacturer. This means shelling out money every time these parts run low instead of simply paying a lease fee and having them handled for you.
Leasing allows businesses to obtain the technology they require without making a significant capital investment all at once, which is especially beneficial for companies with limited budgets but still want access to high-quality office machines that can help them stay productive throughout every aspect of their business operations. This includes printing services such as colour copying & digital duplication, plus many more versatile features like scanning, faxing, and networking! Lease agreements give organisations access to state-of-the-art copiers regardless of what industry they’re in, whether it’s finance or healthcare or a business in another industry altogether.
Copier lease agreements can be tailored to meet the specific needs of different businesses and organisations, from small local companies with just a handful of employees up to mega enterprises with hundreds if not thousands of workers on their payrolls. Too! Although copiers are often associated with corporations because they’re typically found inside large office buildings, there’s no reason why smaller businesses shouldn’t take advantage of leasing either, especially when you consider how much money it would cost them over time if they were to purchase one outright instead!
When is it the right time to lease a copier, and when is it not the right time?
It’s a good question with an easy answer. If you need to upgrade your equipment, the lease is the better option because it will save you money in the long run and get more out of what you’re spending on business expenses!
If your financial situation allows for it, then leasing can be an excellent solution, especially if you want to upgrade equipment every few years but don’t have enough cash on hand right now to afford such purchases without financing options. In order words, lease rather than buy!
When not to lease: Although leasing has its many advantages and makes a lot of sense in most cases, there are some instances where it is not the best option to lease. One example would be when you know that your company will grow considerably over time or if you think you might stay with this business for a long time, which means that buying equipment might make more sense than leasing.
Is it better to lease a copier for your company rather than buying one outright?
Absolutely yes! A lease never expires, which means that when you need new or upgraded equipment, there are no additional costs like interest payments associated with purchasing something using financing options. Businesses have to keep in mind, though, that they should get only leas if their financial situation allows them to because at some point, paying the lease can become arduous if things aren’t going well enough financially speaking.
When deciding how much equipment is right for your company, it’s essential to consider what workflow will be required when using copiers.
A small office might not need an industrial machine like one used in large corporations because most likely. They won’t produce enough copies daily for it to make sense financially speaking. Suppose you already have existing lease contracts with another company. In that case, this could also mean that your business isn’t eligible for new leases, which means buying may be an option if leasing isn’t available anymore under current circumstances. Additionally, companies should consider whether or not their employees require special features like colour or faxing. If not, a black and white copier lease may be an option that makes more sense to pursue if the monthly lease payment is lower than financing a machine with those features in particular.