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Should I lease or buy printers and copiers?

Are you short on a budget yet badly needs office equipment? Or do you have enough funds but confused about which is better, purchasing or leasing office equipment? Quit making that frowning and worrying face. Clear Choice Technical Services is here to provide solutions for that problem. This reliable company of copier leasing in Utah It offers both purchasing and leasing options for most of the world’s top-performing printer and copier brands, all at amazingly low prices. As a result, you can access high-quality equipment without breaking your budget.

Demand for Printers and Copiers

Utilizing equipment such as printers and copiers in offices and other work areas makes working a lot easier and faster, thus ensuring office productivity. A great demand for office equipment rises as its benefits and contributions are proven to businesses and companies, either small or large scales.  

There is no doubt that printers and copiers are essential in today’s world. Moreover, with the rapid advancement of technology in the digital era, their usage has become even more crucial. As businesses and companies evaluate office equipment options, they often face the challenge of deciding between purchasing or leasing. Consequently, they must carefully consider which option will be more beneficial in the long run.

Which is a better option: Purchasing or leasing?

Decision-making is a crucial thing to do. There are plenty of things to consider before you come up with a final decision. Deciding between buying or leasing is a challenging task for businesses and companies too. 

To help in that decision-making, take note of the following things first:

  • Resources or funds
  • Necessity
  • Equipment type
  • Workplace space
  • Quantity of users
  • Volume of tasks

Leasing versus Purchasing

To weigh and properly decide between buying or leasing, let me present some of their advantages and disadvantages.

Leasing

Advantages:

  • Leasing requires lower upfront costs. It is ideal for businesses with limited resources.
  • Monthly payments are fixed, which makes managing finances much easier. As a result, you can confidently plan your budget, knowing exactly how much you’ll pay each month.
  • You got to enjoy upgrade options for your equipment. It makes leasing quite interesting. 
  • Leasing also qualifies you for income tax benefits.
  • Leasing includes maintenance services, so you don’t have to worry about additional expenses. In fact, maintenance costs are already covered in the lease.

Disadvantages:

  • You get to pay small amounts because the payments are made monthly, but you will pay more in the long run. 
  • The company strictly enforces the term, meaning you must comply with its rules. Therefore, discontinuing use or canceling the contract will result in a penalty.
  • Leasing exhibits no defined ownership. You do not have the right to sell it if you wish.
  • The company limits your options by offering only specific equipment for you to choose from. Consequently, you may not have the flexibility to select alternatives that better suit your needs.

Purchasing 

Advantages:

  • Purchasing is easy. You buy the equipment, and then it’s yours. 
  • It is less expensive—no need to worry about interests and additional fees.
  • You are free to choose what maintenance best suited your equipment and which maintenance company will do it. 
  • You are free of a contract. You have the full authority to replace, upgrade and sell the equipment anytime. 


Disadvantages:

  • The initial cost might be too much to manage for limited resources.
  • Maintaining the equipment on your own might be too heavy for you. It would cost you a lot.
  • Replacing outdated and non-functioning equipment will pose a big problem.

Most of us want to make the best out of our budget. Thus, decision-making becomes critical in this stage. We must carefully base it on our current needs, future goals, and the resources we have.

With so many things to consider between leasing and purchasing, glad to know that purchasing and copier leasing is made easy by Clear Choice Technical Services.  

At Clear Choice Technical Services, you have three options. You can purchase, rent, or avail of a copier lease best suited to your printing and copying needs. What is more interesting? They also offer a wide range of copier leasing services. Their best technical staff guarantees the highest quality care for your equipment.

Find out more about copier leasing services in Utah. Contact Clear Choice Technical Services now and get affordable and top-quality printers and copiers, whether for purchase or lease.