copier leasing advantageous over buying?

Leasing a photocopier machine is one of the finest ways to get rid of the initial capital that would have been spent for complete purchase. No doubt leasing or taking copier rental is a cost-effective way of enjoying the best technology. Explained below are some of the prominent advantages of leasing, in comparison with buying.

No effect on interest rate:

Not all businessmen are equally resourceful from the financial point of views. Most of they obviously do make money only after the revenue is generated. In such occasions, leasing is indeed a good idea rather than spending a huge amount of money.

The best part here is to note that the payments made through leasing don’t get affected in terms of interest rates. Naturally, it makes things easier for the businessman to calculate the financial expenses and all. One can easily compare the expenditures with the anticipated revenue or the earnings generated through the process.

Easy tax calculation:

There are many businessmen who prefer to take copier rental, rather than buying the entire set. The reduced tax bill that is one of the foremost reasons for which these businessmen prefer leasing. The tax bill gets minimal as the expenditure is reducible as business expenditure cuts the overall price of the leasing equipment.

Upon buying, the investor can claim forty percent of the copier or printer buying cost, in comparison with the tax in the initial year, and henceforth can claim around twenty-five percent of the overall balance. On the other hand, if you buy, there is absolutely no need to pay the expense of the photocopier or the printer at the instant. In addition, one may even reclaim the entire pay out either on monthly or yearly basis.

No competition of Technology

Technology is an ever-changing aspect. And, every business is expected to stay upgraded with such changing technologies. On this context, leasing or going with rental service of copier no doubt looks a wiser idea. Buying copier is indeed a huge investment.

You never know when the model you have invested for is termed as an antique model through the inception of latest models. As mentioned above, it doesn’t take much time for such changes to happen. In addition, leasing or going with the option to rent a copier is not going to cost you more as compare to the cost of owning a new photocopier machine. In short, leasing is pretty much a safe option in comparison with investing for the entire set.

No fear of upgrades:

It’s good to see that the multifunctional characteristics of the contemporary copier and the printer devices. These equipment are like all-in-one for a scanner, color printer, fax device, pdf converter, photocopier, and even the document manager.

There is always the option for you to go with the most advanced copier that combines all these mentioned attributes. On the other hand, upgrading an already existing machine with the above features is not really a practically feasible option.

Easy payment option:

Leasing offer you the flexibility in terms of payment. In fact, there are five year payment plans available, delivering the equipment immediately to an interested businessman. It is obvious thus for a businessman with a limited budget to find leasing favorable than buying.