Posted on Nov 18, 2020

BIZCOPIER SOLUTIONS SDN BHD

Should you buy or lease your photocopier?

Businesses often give some thought as to how and where to source their next device, but many get bogged down in browsing the features of potential machines without fully considering the fundamental question of whether to lease copiers, rent photocopiers or buy their devices out right. So which should you opt for?

The difference between leasing and buying

Most people understand the fundamental difference between leasing and buying. If you buy an item, you either pay cash up front or borrow the money to purchase it. If you lease copier and printer equipment, you take possession of the item and pay instalments to the owner in exchange for using it.

Renting and leasing are very similar arrangements, though photocopier lease agreements tend to be a little more flexible but the term may be shorter which can make the overall cost higher.
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