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Thursday, November 22, 2007

A Guide to Copier Leasing

A copier is an essential machine for many businesses, schools, and companies - big and small. To decide on the copier that is most suitable for your use, you have to look into several factors like the speed, resolution, duty cycle, energy consumption, warm-up time, memory, networking capabilities, and security options of the copier. Color copiers cost 20-30% more than monochrome copiers with similar features. Many firms prefer to lease a copier rather than buy one. Organizations lease for the following reasons:

  • A business copier costs a lot. By leasing a copier, you would have to pay only a fraction of the cost you would pay for buying a new one.

  • A copier lease is flexible. Many copier leases include options for upgrading to a more advanced copier model.

  • When you buy a copier, you are faced with the burden of getting it repaired whenever a problem arises. Also, if any part needs to be replaced, you would have to replace it. A copier lease often includes provisions for maintenance, repair and replacement of damaged parts during the lease period.

  • You get several financial benefits by leasing a copier like enhanced cash flow, tax benefits, and the ability to manage your balance sheet in a better way.

    Though copier leasing has so many advantages, it may be better to purchase a copier if you think you will keep the unit for a long time. A copier lease and maintenance contract may not cover all parts of a copier. So, it would be best if you found out which parts of your copier would be covered before going with a particular vendor's contracts. If you decide to lease a copier, do ensure accuracy of your copy volume estimate. This will help you avoid driving your costs up. To sum up, provided you do the due diligence, the benefits of leasing a copier far outweigh the benefits of buying one.

    For more information on copier leasing, please contact Graphic Savings Group at 203.336.4034 or e-mail us at mail@graphicsavings.com.
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