The decision between buying or leasing a copier is a significant consideration for your business. It’s a common crossroads, with 80% of US businesses now opting to lease their office equipment—a stark contrast to the 50/50 split we saw two decades ago.
What’s causing this change? Rapid advancements in printer technology.
Today’s devices do much more than just copy; they print, fax, scan, and act as a central hub for office productivity.
Considering the pace at which technology evolves, do you feel leasing would keep your business more competitive by allowing frequent upgrades?
Does buying and owning the equipment outright appeal more by potentially reducing long-term costs?
Deciding whether to lease or buy can significantly impact your operational budget and efficiency.
Let’s help you analyze which option aligns best with your business needs, ensuring you make an informed choice.
Summary: Cost to Buy vs Lease a Copier
Buying an office copier can range from $1,500 for a basic model to $50,000 for a high-end one. On the other hand, leasing a copier might cost you more over time, like leasing a $10,000 copier could end up costing $5000 over 5 years.
Monthly payments for leasing a copier can start as low as $50. What works best for you may depend on your budget and needs.
Costs Of Buying A Copier / Printer: $1500 – $25,000+ Per Month
The price of a copier changes a lot depending on what kind you choose. How fast it can print affects its cost the most.
- Simple copiers that print 20 pages a minute and make up to 10,000 copies a month start at $1,500.
- Medium copiers, which do up to 35 pages a minute, might cost up to $10,000.
- Top-end copiers for really big jobs, printing 60 pages a minute or more, can cost up to $50,000. These are usually for very big companies.
For really high-level business needs, like production printing, prices can go into the hundreds of thousands. Brands like Xerox and Konica Minolta offer these advanced machines.
But don’t worry! With so many choices, you’re likely to find something that fits what you need and what you can spend.
Costs Of Leasing A Printer / Copier: $50-450+ Per Month
Leasing a copier’s price changes based on the copier, your credit score, and how long you lease it. For instance, if you lease a copier valued at $10,000, it could cost about $4,500 over 36 months or $5,000 over 60 months.
For smaller businesses, buying high-end printers and copiers might be too expensive. That’s where leasing comes in as a handy option without needing a lot of money upfront. Benefit from zero upfront costs, no deposit required, including comprehensive toner and service packages, along with remote computer support.
Generally, leasing starts at around $50 a month for basic models. If you need something with a few more features, you might pay between $100 and $300 a month.
For a good quality all-in-one device that meets most business needs, the price ranges from $300 to $450 a month. The really high-end equipment, which are quite really expensive to buy, can be leased for $450 a month or less.
However, remember the actual cost will also depend on the lease term and any extra services you choose. Just leasing the machine might not always be the cheapest route because it doesn’t usually include other costs like:
- Maintenance and tech help
- Training for users
- Ink and paper
- Spare parts
This is why choosing Clear Choice Technical Services is a wise decision. With Clear Choice, you can lease the right copier for your needs, receive regular updates, and cut down on supply costs. This way, all the extra costs are covered in your leasing agreements, making your life easier.
Should You Buy Or Lease An Office Copier / Printer?
Deciding whether to buy or lease a copier or a printer depends on what your business needs. Most companies prefer leasing because it’s more convenient and cost-effective. Leasing means you don’t own the machine, but you don’t have to worry about extra tasks either. You get expert tech support, training, and maintenance without extra costs or effort.
Plus, leasing is easier on your budget than buying. It also offers peace of mind and the option to upgrade to a managed print solution that handles all your printing needs.
Don’t miss out on making the most cost-effective decision for your business.
Reach out to Clear Choice today and find out how our leasing options can simplify your operations and save you money. Make the smart choice now!