Should You Lease Or Buy Your Office Printer?

While buying an office printer outright may be tempting, a printer lease in Dubai offers some advantages. For one thing, it’s cheaper to lease than to buy. But be aware that while leasing can save you money, you may have to agree to a monthly service contract beyond the price of the printer itself. Many lease agreements are managed service contracts, including regular maintenance, repairs, ink or toner replacement, paper supply, and firmware upgrades. In addition, there’s often a minimum loan term and a fee for early cancellation.

Renting is cheaper than buying:

The main advantage of renting your office printer is that you will not have to make a large initial investment. This will give you more flexibility and control over your budget. In addition, renting will allow you to use the printer only as needed, which will be very helpful if your business changes. Furthermore, you will not have to worry about maintenance costs, which are a major concern when purchasing a printer.

Moreover, you can upgrade the printer every few years if needed. You can even get upgrades included in the rental contract. Renting will also allow you to order toner easily. Moreover, you may be able to deduct 100% of the rental premium from your taxable income.

Saving money:

Office printers are essential to any business, but they also need a lot of maintenance and can add up quickly. If yours is older and has seen better days, it may be time to replace it. While an office printer will be more expensive initially, you will save money over time by not having to call for service. You can also lower your utility costs by purchasing an energy-efficient model.

Another way to save money with your office printer is to purchase ink in bulk. Multi-packs contain all the colors your printer needs and can save you as much as DH 10 or more per cartridge. Paper can also be purchased bulk from an office supply store for a lower price per page.

Downsides of buying:

Investing in a printer is a big investment. Not only will you have to pay the initial purchase price, but you’ll also need to pay for ongoing maintenance. This can affect your monthly budget. Plus, high printing demands and workflows requiring the latest printing technology can raise the price. Purchasing a printer requires a large down payment, so there might be better options for small businesses or uncertain industries.

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