Should You Buy or Lease a Copier (And What Does it Cost)?

When it comes to office equipment, there are a lot of factors to consider. One of the most important decisions you'll have to make is whether to buy or lease a copier. Both have their pros and cons, but which option is right for your business? In this blog post, we'll break down the cost of both buying and leasing a copier, so you can make an informed decision.

Pros to Buying a Copier

There are many pros of buying a copier. First, a copier can save you time. Instead of having to make copies by hand, a copier can quickly and easily make copies for you. This can be especially helpful if you need to make a lot of copies quickly.

A copier can also save you money. If you need to make a lot of copies, it can be cheaper to buy your own copier than to pay someone else to make the copies for you.

A purchased copier can also be convenient. If you have your own copier, you can copy documents whenever you need to, without having to go to a copy shop. Finally, a copier can be a great investment. A good quality copier can last for many years, and it can save you time and money in the long run.

Pros of Leasing a Copier

A copier lease agreement can also have benefits such as providing tax benefits. When you lease a copier, you may be able to take a tax deduction for the entire amount of the lease in the year the lease is signed. This is different from when you purchase a copier, in which case you can only deduct depreciation expenses over the life of the machine.

Leasing a copier can also help your bottom line by freeing up cash flow. Rather than spending a large sum of money on a new copier, you can spread that cost out over the course of the lease agreement. This makes it easier for your business to manage its budget and expenses.

Cons of Buying a Copier

Copiers can be expensive, and the initial cost is only the beginning. You will also have to pay for periodic maintenance, which can add up over time.

In addition, you may need to purchase new parts or toner cartridges from the manufacturer from time to time, and these can be expensive as well.

Cons of Leasing a Copier

One downfall of leasing a copier is the cost. Leasing a copier can be expensive, and it can be difficult to find a lease that fits your budget.

Another negative of leasing a copier is that you may not have as much control over the machine as you would if you owned it. If something goes wrong with the copier, you may have to wait for the company to fix it, rather than being able to take it to a repair shop yourself.

Finally, leasing a copier can also be inconvenient. You may not be able to get the exact model or features you want, and you may have to wait for the machine to be delivered.

Conclusion

So, what's the bottom line? When it comes to office equipment, should you buy or lease a copier? The answer depends on your specific needs and budget. If you need a lot of copies quickly and don't mind investing in upfront costs, buying a copier might be the right choice for you. However, if you're not sure how often you'll need to use a copier or want to avoid large upfront costs, leasing might be a better option for you. No matter what decision you make, we've broken down the cost of both buying and leasing a copier, so you can make an informed decision!