Copier Leasing - The How and the Why

Photocopiers are necessary in most officekeep your machine running. For those who have
environments, but the costs can tax even the biggestexperienced the frustration of a copier meltdown, you
businesses.know how important a maintenance contract is.
Consider the basics of what most businesses need inCosts for both the lease and the maintenance
a copier and you'll see why: networked to providecontract are generally fixed, meaning you know your
printing and copying functions; options to copy in color;monthly budget well in advance.
collating; double-sided copying. Some need even moreWith leasing, upgrading to the next model is easy.
functionality, including high-speeds, high-capacity andWhen the lease expires, you get a whole new
volume, e-mail and scanning, fast warm-up times, andmachine with the latest specs and functions.
security features.What You Need To Know About Copier Leasing
A high-end copier can cost in excess of $40,000, andMany copier leases charge on a volume basis. Be sure
even one that meets an organization's most basicyou have an accurate idea of the volumes you
needs can run into the thousands of dollars. Becauseproduce each month to know for certain whether
of the need for the best technology at an affordableleasing is the most cost-effective option for you. You
cost, many businesses consider leasing over buying.may want to ask your vendor about a minimum copy
Benefits of Copier Leasing for Your Businessrequirement too - if they are charging on volume, they
Costs are the most tangible benefit recognized bymay require a base number of copies each month.
businesses. Copier leasing allows you to avoid largeAlthough maintenance is often included in the lease,
capital expenditures, which frees up cash for moretoner typically is not. Toner cartridges are expensive
pressing needs.so be sure to include an estimated cost for
With IT assets, you are really buying the use of thereplacements in your budget. Again, a clear idea of the
machine. Ownership of the machine itself is secondarynumber of copies you generate per month will help
in importance, especially when you consider howwith forecasting.
quickly IT equipment depreciates. In the case of aParts may not always be included in the maintenance
copier or copier/printer combination, the return onagreement. You need to know what is and is not
investment comes from its output, not the hardwarecovered. Also ask the leasing company about
itself. When you look at it that way, leasing oftenemergency repairs - are they provided, at what cost,
makes more sense than buying.and when? If you need someone at 7:00 at night, will
As with any leased IT asset, there may be significantthey be available?
tax savings available. Speak to an accountant to learnLastly, ensure you can get a replacement copier if
more about the possibility of writing off a copier leaseyours goes down. You don't want to be left without a
as a business expense.copier for any length of time.
Copier leasing typically includes a maintenance plan to