Renting and Leasing a Copier: What’s the Difference?

copiers

Renting and leasing are both options when you have decided not to make an outright purchase, but they are two different setups. Which one is right for you? Read on to learn the difference between renting and leasing a copier.

Leasing a Copier

There are a few reasons companies choose to lease their copiers instead of purchasing. First, you avoid a substantial upfront cost. Second, your maintenance and service are included so you can avoid any surprise costs when a machine breaks. Lastly, there are options for when your lease ends.

Advantages at the end of your lease include:

  • The ability to extend or renew the lease. If you like the copier, you’ve been leasing you can continue your contract and even lower your payments. On the other hand, leasing allows you to upgrade when you’re ready for a new device.
  • You can return the equipment, and fulfill any obligations have.
  • At the end of your lease, you can purchase the copier.

Renting a Copier

Renting might seem like a strange choice for office equipment, but there some situations that merit a short-term need. For example, a company that has just been started will not know its copying metrics. Renting a copier will allow them to take note of how much they use the equipment and which features they need or can go without.

Monthly Pricing Differences

The cost of a monthly lease agreement is based on the use, which will require more maintenance and the length of the contract. The longer the agreement, the cheaper the monthly price. Renting can be a little more expensive because of the short-term deal, but flexibility can be worth the price.

If you are in need of renting or leasing a copier and want to learn more, call us today!