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Is Leasing a Printer, Copier or Multi-function Printer better than buying?
Whether leasing or buying a business machine, the most important initial step is to identify the right machine for your business and decide if you need a standalone printer, copier or a multi-function device.
Once you have made this decision, you then need to consider whether it is better to lease the equipment or buy it outright. Leasing your office printer or copier gives you the use of your office machines for a fixed term based on set monthly payments. Your lease can also be structured to include consumables such as toners together with service, maintenance and technical support.
Buying office equipment involves a very high outlay so if you are a small or start-up business it may make more financial sense to lease your office printers and copiers, as you would avoid the high costs of buying outright. Leasing equipment involves fixed monthly payments for a set number of years. This not only makes budget planning easier but also frees up capital to invest in other areas of the business.
Office technology is continuously improving and developing and again, leasing can be a good option when it comes up upgrading your office devices. A lease can be structured to enable you to upgrade to more up to date machinery when the need arises. Quite often, when buying machines, by the time it is paid for, your office copier or printer is already out of date. In addition, older machines can also be considerably less efficient with higher costs per page.
Regardless of whether you decide to lease or buy, the most important step is to identify the correct device to suit your exact printing needs and budget. Mitronics provides all clients with a PRINT AUDIT enabling us to monitor your office printing and copying and advise you on the most suitable machine for your business.
Leasing a photocopier is one way for you to avoid the initial capital outlay required for outright purchase. Whilst the overall outlay is slightly more with a photocopier lease as opposed to a straightforward purchase there are sound reasons to consider it as a method of finance for office equipment such as an office printer or copier machine.
Leasing is a well-established and tax efficient form of finance, enabling cost-effective trade-up access to the very latest technology at the right time. An example of a leasing company that specialises in business equipment such as office photocopiers is a MITRONICS Lease Agreement
We hope this guide helps with understanding the key benefits of lease finance as well as offering useful advice if you are looking to lease a photocopier.
Mitronics Finance offers Copier & Printer finance, which does not break your budget and is available for purchase or for a leasing arrangement. Many of our customers use Mitronics Finance to obtain Office Printing Equipment, because it comprises flexible solutions and includes individual payment plans ..........
For many businesses the purchase of an important office utility such as a photocopier or printer may be a daunting investment, mainly due to the associated large up front sum but also the prospect of it becoming obsolete in five years time. Leasing a photocopier is the smart alternative with numerous good business-sense advantages:
When deciding between two or three copier models, please feel free to ask us for a demonstration of how the machines work. Or if it is more a case of colour print quality ask a MITRONICS sales representative to forward you copies or prints of your own document files ensuring satisfaction in advance.
If you expect to make fewer than 700 copies a month, you probably do not need to lease a "business" copier. You would be better off purchasing a smaller desktop copier or multifunctional laser printer that would cost much less overall - unless you want the advanced features of a business photocopier or printer. Unfortunately buying a small multifunctional printer is neither cost effective or helping your business. In fact the cost per page is extremely high and equipment failure rates are dramatically high.
When you are a really small business, this may be acceptable, but mid size to larger companies cannot afford this downtime as business sometimes would come to a stand still.
Title to the goods remains with the finance provider, which means the equipment does not show on your company balance sheets and therefore not applicable to the expected value depreciation over a fixed period. This of course gives you the advantage of staying in touch with the latest technology by changing your equipment towards the end of your lease.
Yes! A Mitronics photocopier leasing facility allows businesses to keep up with changes in technology as your original installation can be altered either during or at the end of your lease period. The normal reason for this is due to a customer's expansion of business and their changing needs.
All sectors of the Australian economy take advantage of Photocopier Leasing; It is the most popular choice for businesses that need a mid-to-high volume photocopier or printer just as a large multi-national organizations prefers to keep a tighter control on their finances and enjoy the tax efficiency and upgrade opportunities of a lease agreement over purchasing.