Printers are a vital piece of office equipment for many businesses, and you may need one or even several to keep your business running. Oftentimes, business owners lease printers and copiers rather than buying them. Before renting a printer, here’s what you should know to get the most bang for your buck.
3 Things to Consider When Leasing Printers
1. Consider the Long-Term Cost
Figure out what cost will be most manageable for your business. If your company has the revenue to purchase a printer and you know it will get sufficient use, buying may be a good option. Purchasing up front is expensive but the cost over time is lower than leasing. Assess both the needs of your business and what is monetarily feasible before deciding on an equipment leasing agreement.
2. Assess the Benefits & Your Needs
Leasing agreements often can’t be canceled, so make sure you only lease the equipment you need or you’ll be stuck paying monthly for printers that don’t get much use. Lease payments are typically tax deductible, which can be a major benefit for your business. The cost of purchased equipment is not always deductible year after year as its value depreciates.
3. Consider Usage
Generally, longer printer leases offer cheaper monthly payments. However, before you sign a long lease, consider how much use the device will get. If you will have multiple people printing and copying on a daily basis, it will likely incur faster wear and tear. To avoid needing frequent repairs, go with a shorter lease term if it will experience heavy use.
Are you considering leasing a printer or are in need of office equipment repair? Office Products Services in Anchorage, AK, has been selling, leasing, and repairing quality office equipment for 30 years. They are copier repair specialists, and they sell top quality brands including Lanier, Savin®, Ricoh, and Samsung. Their team works hard to get clients the best in office equipment at affordable prices. To learn more, visit their website or call (907) 562-1320 today.