Minnesota Copiers Blog

Office Copier Lease vs Buy

Posted by JR Copier MN on Jan 27, 2016 9:11:20 AM

 

office_copier_lease_mn.jpgOFFICE COPIER LEASE

When you are ready to get a new office copier for your business there are many good copier companies to choose from. Once you have selected the copier company one of the first decisions you will have to make is to get into a copier lease or buy the copier.

Now the fun begins, there are many leasing companies to negotiate with but, before you do, you should be aware of a few things when leasing your office copier - Should I get and Fair Market Value Lease (FMV lease) or a $1 out lease, are they any additional fees that I should be aware of? - How many months should I lease my new copier for? - Today about 80% of businesses in the Minneapolis/St. Paul area lease their copiers.

A copier isn't a copier anymore. Back in the 80's and even the 90's copiers just copied. Today they copy, print, scan, fax, and are an integral part of the document management of a professional office.

With so many businesses attempting to go paperless, the copier/multifunction device becomes a powerful technology tool.

With a lease a business can just budget a certain amount of money for the copier and then every 2-3 years upgrade to a new machine with the latest technology that will help their business become more efficient.

As a bonus to the leasing option, in many cases I save my client money on their new lease due to the fact that technology gets cheaper and more energy efficient.

Purchasing your office copier also has it's benefits

The main benefit is that you save money by not paying fees and interest charges associated with a lease.

Some of my small business clients have expressed that fact that they like to run their business with little or no debt.

Technically a lease is not debt, but you are bound to the terms of the lease so many business owners and professionals consider it the same as having debt.

You can keep it for as long as it makes financial sense to do so. With the reliability of today's technology you could have a machine for several years without having a lease payment.

Also when you purchase a copier you don't have to return the machine to the leasing company as is the case with most leases. This is one of the hidden fees of leasing a copy machine.

On the down side of purchasing many small businesses find that $8,000 to $10,000 for a mid to high end machine is a lot of money for to pay up front. - Did you know you can also lease a refurbished certified office copier and save up to 50% vs the similar new copier? More on used copiers

What's new in todays technology world of office equipment

Office copier leases and rentals are a bit outdated also. Simply providing the print equipment you need isn’t enough anymore. That is how we operated back in the 80's.

Today, the devices in your company are just the tip of the iceberg. The real value copier/printer adds is through increasing efficiencies and addressing your business initiatives – through a managed print environment, that includes copy, print, scan, email, fax cloud connectivity an so much more.

Our main focus now is to provide a complete service while adding value to your print fleet with Manage Print Services – We take care of everything like toner, maintenance, repairs and software issues.


 

office copier lease copier leasing MN

 

Topics: Copier, lease, managed print service

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