Printer / Copier Leasing

The Benefits of Leasing

Some businesses cite factors like asset ownership and tax considerations as reasons to purchase their own printer and copier equipment. But not all businesses are in that position. If you do decide to lease, here are some of more prominent benefits your business can expect.

• Save Upfront Costs: Leasing is a good option for businesses that lack the available capital to purchase equipment outright. Instead of a heavy expense upfront, monthly payments for leasing are a more budget friendly starting point.
• Get the Latest Copier Technology: The technology behind modern copiers and MFPs advances quickly. Especially with a short-term lease commitment of one or two years, your business can scale to new technology on a regular basis.
• Reduce Maintenance Costs Immediately: Leasing typically includes service and maintenance. Rather than costly fixes and updates for older equipment, you replace aging devices quickly, and save on their maintenance expenses immediately.
• Employ Secure Office Printing Solutions: Security and compliance is critical for organizations like healthcare providers, legal firms, manufacturing companies, and financial services firms. Along with the endpoint security features in newer MFPs and copiers, most leasing companies manage firmware and other security measures both for your devices and network.
• Realize Tax Savings: While owned equipment can be depreciated and written off for taxes, monthly lease payments are a pre-tax business expense that are equally tax-deductible for the entire payment each month.
   

Frequently Asked Questions

Question: Should I buy or lease a printer?

Answer: Buying a printer can be beneficial as it is almost always less expensive in the long run to purchase a printer or copier than it is to lease one. A printer is a depreciating asset, but you can recoup some of your investment as a used printer can be sold if it’s no longer needed – a leased printer cannot be sold.

Question: How does a printer lease work?

Answer: With Printer Leasing there is a contract between a finance company and the customer. This gives the customer the right to use the equipment over the period of the rental. When you lease equipment, you make a series of regular (usually tri-monthly) payments, instead of making a large capital outlay.

Question: How much is a copier lease?

Answer: Copier leases regularly cost between $100 and $900 per month and low-volume copy machines can be leased for a little as $65/month. Used office copiers cost an average of $4,000 to buy. 

Question: What is a copier lease?

Answer: Copiers leasing is a service for businesses and individuals who are hoping to obtain a copier lease or replace their current copier lease.

Question: Is it better to lease or buy office equipment?

Answer: Generally speaking, leasing any given piece of equipment is more expensive than buying it outright. Despite this cost difference, there are many good reasons to lease, including the upfront cost of purchasing office equipment. Unlike a purchase loan, an operating lease agreement may require little or no down payment, conserving cash.

Question: How much does a copier cost?

Answer: $13,000 is the average cost for a new copier capable of printing up to 55 ppm. This can rise to $35,100 for heavy volume copiers with large workloads. Copier leases can cost between $195 to $920 a month. Used office copiers cost an average of $5,800.

Question: Should I lease equipment with Managed Print Services?

Answer: For most businesses, the answer is yes. Leasing provides predictable monthly payments, while Managed Print Services ensures:

• Reduced downtime
• Improved document security
• Better visibility into print spending
• Ongoing optimization as your needs change

Together, they create a scalable, worry-free print solution.