Nov 20, 2021
The Difference Between Leasing & Renting A Photocopier
Leasing can be quite cost-effective than creating a copier. For example, when you lease the unit, your cost will be spread over a longer period of time. It's also tax-deductible, and you will be paid for out of your company's taxable profits. In fact, there are tax benefits when leasing a copier for your business. But renting has its advantages when it comes to cost-effectiveness. When you need a copier periodically, renting is more cost-effective. On the other hand, if you have any financial concerns about a long-term contract, renting is a safer option for you. You can terminate the rental agreement whenever you want without big penalties. Even though there are pros and cons to both options, leasing is a cheaper option if you are happy with a long-term commitment without flexibility. If you decide to rent over the long term, you may end up paying more than you would if you just purchased the photocopier outright. Renting is best when you need a copier for short-term projects. On the other hand, if you need to stay up-to-date with the latest copying technology, renting is best for you.
Things To Consider When Deciding Which Is Best For Your Company
There are many factors to consider when deciding between leasing or renting a copier unit. Here are the top three questions that you need to ask yourself before making the right decision.
- How consistent are your photocopying needs? Do you think this consistency will change?
- Do you need to have access to the latest photocopying technology?
- Do you foresee any changes to your business that can affect a long-term agreement?
If your photocopying needs and consistent without any financial impacts on long-term leasing, leasing is the best option for your business. On the other hand, if you deal with periodic projects and rely on the latest copier technology to complete the projects, you should opt for a rental agreement.
Why Choose Us!
Advanced Business Copier Business Solution is a leading expert in the industry. We provide the technology for businesses to stay ahead of their competition with industry-leading printers, photocopiers, managed print, and VoIP business telephones. Our expert team offers multiple leasing options to meet your needs and budget. In fact, we combine all the services and products into one monthly payment that takes away the hassle of working with many vendors. With more than 30+ years of experience, our factory-trained copier repair technicians and VoIP technicians help keep your equipment operating smoothly. We have a four-hour response time for most deliveries as well as copier service calls. In fact, our team stands behind all their work and guarantees the satisfaction of every customer in the region. Contact us today or call us now if you are planning to buy a new business printer.