Multifunction Printers: Lease or Buy?

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You've done a lot of work to get to this point. You've researched every multifunction printer out there, you've analyzed your company's current and future needs, and you've chosen the right machine--but there's one more step: getting it. Today we'll make that last step just a little easier by going over your options (and which is best for your budget).

Leasing vs. Buying

The final step in the process of getting a new multifunction printer is perhaps the most important one. After all, you wouldn't want to spend so much time and do so much work finding that perfect machine, only to make the wrong choice at the very end and be forced into something that doesn't work for you.

Luckily, it's easier than you might think to be sure you're making the right choice. Just spend a little time considering the pros and cons!

Leasing

Pros: When you lease a multifunction printer, you don't have to worry about the initial cost; you get to structure your payments in a way that works for you--plus, a maintenance plan is usually included. You also don't have to worry about losing money on a machine that may become outdated within just a few months.

Cons: Leasing is generally more expensive in the long-term. You also end up locked in to a specific contract--and, although some leases allow you to upgrade to a newer or more efficient device without breaking any terms, options like that may be more expensive.

Buying

Pros: Buying a multifunction printer means you save money in the long run--and that you get at least some of that money back when it's time to upgrade. You're also in charge of every detail, including the "when" and "how" of maintenance and repairs.

Cons: The upfront costs of buying are high. On top of that, you're financially responsible for everything that happens to the multifunction printer throughout its life--and, of course, you're on the hook for every little decision that must be made.

So, should you lease or buy your multifunction printer? Contact us today for help making this big choice!