The maximum monthly print/copy volume is allowed; any overages will cost you more.
Upgrade options - Available during term?
Lease payments are made monthly
Service and supplies included - Confirm what is covered under lease payments
Power consumption - ENERGY STAR ratings to help reduce costs
Tax Treatment: Lease payments can be claimed as an operating expense. Purchased assets may also be depreciated.
Get training on the new equipment
1-3 months
When buying copiers or MFPs, consider the following factors:
Rental fees include service and supplies
Analyzing differences like these in relation to your specific situation will help determine if leasing or buying makes more financial and operational sense.
End-of-lease options
Leases allow for easier upgrades; purchasing makes upgrades more complicated and expensive
It's important to compare the total cost over the lifecycle of the equipment when deciding between buying and leasing. Cost analysis should include the following factors:
Mobile printing capabilities, Ethernet, WiFi and network connectivity
Upgrade your technology more often
Check for additional discounts on supplies and accessories
Copiers and MFPs today can provide reliable service in busy office environments for up to 3-5 years.
Update firmware and drivers
Lease terms are typically 36-60 months
Read customer reviews and ratings online
Upgrade or extend rental period as needed
With a copier or MFP lease, it's important to examine:
Service guarantees for response time and uptime
Maintenance Tips for Leased/Purchased Copiers
Supply/consumables costs
Lease fees often include maintenance and supplies
Print and copy speed - Measured in pages per minute (PPM)
The following are typical steps for leasing a copier or multifunction device:
Evaluate printing/copying needs and requirements
Choose a provider and negotiate the final agreement
Maintenance and supplies often included in lease fee
Fill a temporary equipment need or gap in coverage
Purchasing Copiers and Printers Outright
Use dust covers and clean spills immediately
Benefits of copier/MFP leasing include:
Inspect equipment and test features firsthand before buying
Some of the key differences between copier/printer leasing versus buying include:
Page volume allowances and overage fees
Upgrade or extend the rental period if needed
Lease payments may include service and supplies. Confirm the coverage.
Compare lease offers from different providers, negotiate terms, and consider refurbished or lower-volume models for affordability.
Opt for a fair market value lease, consider energy-efficient models, negotiate service agreements, and assess your true copier needs to save costs.
Leasing provides budget flexibility, access to advanced technology, tax advantages, and eliminates the hassle of equipment disposal.