No matter how large or small your business is, a copier is an essential piece of office equipment. As a commercial copier/printer dealer serving Sacramento, Fresno and the San Francisco Bay Area, we hear this question a lot: “Is it better to lease or buy an office copier?”
Both options have advantages and disadvantages, so let’s look at a few.
Buying a Copier
Cheaper in the long run. The average lifespan of a commercial copier is about 5 years. If you don’t max out your copier’s daily recommended volume and you keep it well-maintained, it may last up to 10 years. In most scenarios, your copier will have paid itself off in 3-4 years, which saves money when compared to a lease.
More straightforward. Leasing a copier is similar to leasing a car. It involves a contract, proof of your company’s financial health, and even a credit check. When you buy, you own the machine outright with no strings attached.
Technology is rapidly improving and changing. As this happens, our office equipment gets smarter and more efficient. A copier from three years ago may be outdated by now. When you lease, you can make sure your office is outfitted with the latest that technology has to offer.
Increased service contract and repairs with age. Whether you lease or buy, your office equipment must receive regular service and maintenance in order to run efficiently. As a copier ages, it will require more frequent maintenance. Not only can repairs be costly for an aging copier, they can also decrease office productivity while the copier is down.
Leasing a Copier
Your office can stay current with technological advancements. Depending on what kind of business you do and what your office goals are, this advantage can be key in your decision-making process.
Save on costly service contracts and repairs. When you lease, you can simply replace a machine once it starts to show its age.
More expensive to lease than buy in the long run. When you lease, you may end up spending more in the long run than it would have cost to buy a copier outright. But it’s good to take into consideration that the cost of service and repairs on an old copier might make leasing a more financially prudent option for your business.
Leasing vs. Buying a Copier in San Francisco
At the end of the day, your company has to determine what their priorities are when choosing whether to lease or buy a copier. At WiZiX Technology Group, we sell and lease Toshiba, Savin, Lanier copiers and more. Speak with one of our local representatives today to discuss the best option for your office.