Leeds Head Office 0113 2533342

Manchester Office

0161 8265355

Newcastle Office

0191 2736966

Birmingham Office

0121 3597976

London Office

0203 36035160

What are the pros and cons of photocopier leasing?

For many businesses, leasing a photocopier carries several advantages over purchasing, but it is not without its downsides. Our guide explores the pros and cons of photocopier leasing.

Pros
Free up funds 

With no large cash outlay needed, you free up funds to be used elsewhere as your business needs.

Fixed payments

With a lease agreement, your payment is fixed for the duration so you always know what you’re paying and benefit from a reduced cost when you take inflation into account.

Suited to you

All businesses have different cash flow requirements, and a lease agreement offers some flexibility as you can choose the length of the agreement and the payments at the outset.

Upgrades

A lease allows you to upgrade your equipment as required and as technology advances without the burden of selling or disposing of old equipment yourself.

Cons
Credit rating

It can be more difficult to get a lease if you are a new company with a limited credit rating, or if you have had bad credit in the past.

No assets

You will never own the equipment with a lease agreement so will never have the asset to sell on after you no longer require it.

Hidden costs

You might find that not everything is included in the monthly cost of a lease agreement and those extras can add up. Be sure to check any contract for hidden fees that might not be included, paying particular attention to servicing, repairs and calibration costs.

Overall, leasing is the more flexible option for your photocopying needs but there are both positives and negatives of going down this route rather than purchasing equipment outright.

Get in touch with us to discus your options for purchasing or leasing a photocopier.

Support

Use our remote support service

Get Started

Manchester Office

5300 Lakeside

Cheadle Royal Business Park

Manchester

SK8 3GP

0161 8265355

Newcastle Office

26 Riverside Studios

Amethyst Road

Newcastle Business Park

Newcastle

NE4 7YL

0191 2736966

Birmingham Office

Unit 41

Phoenix Business Park

Avenue Road

Aston

Birmingham

B7 4NU

0121 3597976

London Office

24 Greville Street

London

EC1N 8SS

0203 36035160