Looking to invest in a Printer/ Copier that’ll support your growing business? Stuck on the decision between renting and owning?

Deciding whether to buy or rent a copier machine really depends on your business and copying needs. Below, we have created a quick summary of these two options, outlining the benefits of each, in order to help you make a choice that’s best suited to your business.

Why Choose to Rent/Lease Your Copier?

Choosing to rent or lease your MFPs and copiers is a cost effective way of meeting your printing needs without the need for large upfront investments. Today, as many as 80% of companies are choosing to lease their printers instead of buying them. Let’s have a look at why this may be...

Benefits of RENTING Opposed to Owning Your Copiers and Printers:

1. Tax Efficiency with Copier Leasing:

A great benefit of renting your copiers is that they are fully tax deductible. Instead of VAT being capitalized for upfront, it’s paid monthly with each installment.

2. Cost Savings of Printer Rentals:

Choosing a rental agreement for your office MF Copier alleviates the risk and pressure of large capital expenses. There are many different payment plans and options to choose from when renting copiers and by leasing these machines, businesses can better control their total cost of ownership. Rental agreements are structured and efficient, ensuring that each month a fixed value is budgeted and paid for by the business. 

3. Copier Rentals & Maintenance: 

Leasing a printer takes the worry of maintenance and repairs out of your hands as this technical support is taken care of by your dedicated service provider.

4. The Flexibility of Copier Leasing: 

When leasing your copier fleet, you are able to scale your printer systems according to the growth of your business as rental agreements allow for early upgrades, easy budgeting and the addition of new technology as and when it develops. 

5. Managing Your Copiers Life-Span through Rental Agreements:

Printers and copiers, like any IT hardware, depreciate in value and become outdated over time. When choosing a well implemented rental agreement, you can rest assured knowing that your business will enjoy the maximum value of your printers while ensuring they are upgraded at the correct time in their life cycles.

6. Cash & Finance Options:

Rental agreements allow for a variety of payment options. 

At X Corp, we have various bank and internal finance options available to allow you to lease your office printers and copiers.

Why Choose to Buy / Own Your Business Copier?

Choosing to buy a copier for your business would mean that you have to pay an upfront fee. Once you have settled this payment, your business takes on full ownership of the machine.

Benefits of OWNING Opposed to Leasing Your Copiers and Printers:

1. The Investment of Owning Your Copiers:

Choosing to buy a copier is an investment and offers long-term value for your business.

2. Buying Costs Less In the Long Run:

Although most businesses choose to rent their printers in order to eliminate the need for large capital expenses, renting does cost more money in the long run. 

3. Owning Your Copier Eliminates the Need for Contracts:

Buying a copier means that you’re not legally bound to a contract. Once the copier machine is purchased by you, you become the sole owner of it and can do with it as you please.

4. No Unplanned Penalty Fees: 

Rental agreements come with a risk of penalty fees (issued in the event of a termination of a contract). Choosing to own your multi-functional printers or copiers eliminates the risk of any of these penalty fees.

When it comes to leasing and purchasing printers and copiers, it is important to choose an option that works best for your business. That’s where we come in...

For further assistance, feel free to contact us at X Corp or visit our Quick Wizard to get your custom copier quote. We’re here to bring you the best experience in office automation.