Is it Better to Lease or Buy a Copier?

by | Aug 19, 2019 | IT Services

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Copiers are an essential item in any business, be it big or small. Consumers usually have a choice of either acquiring them, through leasing or buying. Should I lease it, or should I buy it? This question has undoubtedly been in the mind of many business owners at some point. It is not a hidden fact that both printers and copiers are quite costly, especially the modern digital types that churn out copies at very high speeds. Copiers, like many other electronics, come in diverse ranges; some occupy large office spaces while others are compact. A business owner can decide to acquire copiers through a lease or a purchase due to several factors. However, the price tag of the machines is always the primary concern for many buyers since only a few businesses can comfortably afford them. While some copiers are cheap, others are quite expensive and can go beyond the $10,000 mark.

According to Abraham Thomas, CEO & Director Sales at Intrinsic Technology Group, “a $10,000 worth of purchase can be quite a burden for a small firm, not to mention the complimentary costs involved, including repairs. Due to the high costs, small firms often prefer leasing to buying the equipment. The tenancy comes with additional advantages, including support in terms of spare parts and maintenance”. Ultimately, it’s the responsibility of your copier dealer to educate you on both options and the value that each one brings to help you make the most informed decision; at which point, it’s simply a matter of picking the model that assists your business best.

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