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Leasing a copier can be a great way to get the equipment you need for your business without breaking the bank. However, there are some misconceptions about copiers for lease that can keep businesses from taking advantage of this great option. In this article, we will dispel 7 of the most common myths about leasing copiers!

Myth 1: Leasing A Copier Is Too Expensive

Fact: While it’s true that leasing a copier will cost more upfront than purchasing one, this small initial expense can actually save you money in the long run. For example, if you purchase a new printer and need to spend hundreds of dollars replacing its toner cartridges every few months, leasing an office copier can help you avoid those costs entirely! Plus, with most lease agreements offering free maintenance and parts replacement, businesses don’t have to worry about unexpected repair expenses.

Myth 2: Leasing A Copier Means That I Own Nothing At The End Of My Contract

Fact: Many people assume that when they sign up for a lease on their office equipment, they will receive nothing in return. However, most lease contracts are structured so that at the end of your agreement, you will either be able to purchase the copier outright for a very reasonable price or if you’re happy with it, renew your lease. So regardless of whether you choose to continue leasing or take advantage of this opportunity to own your equipment outright, you’ll have plenty to gain!

Myth 3: I Can Just Purchase My Own Copier And Save Money In The Long Run

Fact: While this may seem like a good idea at first, it’s important to remember that purchasing office equipment isn’t a one-time expense. Even if you do decide to buy your own printer or copier, there will be necessary costs associated with maintaining it such as toner replacements or repairs. Plus, having multiple printers or copiers on hand for different purposes means that you’ll likely spend more on ink than businesses who only use one multi-function machine!

Myth 4: Leasing Is Only An Option For Businesses With Poor Credit Scores

Fact: As long as you have good credit, there’s no reason why your business would be unable to qualify for a copier lease. In fact, many companies specializing in office equipment leasing even offer special programs designed specifically for businesses with less-than-perfect credit. So don’t be afraid to reach out and see what options are available to you!

Myth 5: Leasing A Copier Will Tie Me Down For A Long Time

Fact: While it’s true that most leases span 3-5 years, there are some leasing companies that offer flexible, short lease terms of just 1 or 2 years. This is perfect for businesses who want to take advantage of the savings but aren’t sure whether they’ll need their equipment for long. Additionally, if you’re looking for even more flexibility, some providers will allow you to purchase your leased equipment early or upgrade at certain points throughout your contract. So depending on your business needs, leasing can offer plenty of opportunities to keep things moving forward!

Myth 6: When It Comes To Copiers, Leasing Is Only A Good Option For Large Businesses

Fact: Even if your business is small or just starting out, you can still benefit from leasing equipment. In fact, many businesses find that the costs associated with purchasing new equipment are simply too great given their current budget restraints. This leaves them with very few options other than leasing an efficient and cost-effective copier that will allow them to grow without breaking the bank!

Myth 7: Leasing Doesn’t Offer Any Tax Benefits

Fact: While it’s true that there are no immediate tax benefits when signing up for a lease on office equipment, there are ways to take advantage of these savings over time. For example, some businesses choose to deduct the cost of their leased equipment over the course of its lifetime. However, this option can be complicated and is best discussed with your tax professional.

As you can see, leasing a copier is not only an affordable option anymore; it’s also highly convenient and gives you all the tools you need to keep your business running smoothly. So the next time you’re in need of a new copier, don’t be afraid to give leasing a try!

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Office Machine Specialists has been servicing and selling office equipment since 1995. A family-run business that has dedicated our efforts to providing the best equipment options and after-sales service to our clients. Our goal is to ask the right questions and guide our customers to make smart decisions about new machine leases and purchases.  We were servicing copiers long before the internet was a viable resource, and have transitioned to the digital workflow environment of color printing, scanning, account control, and fleet management. With over 20 years in the industry, we have extensive experience with all the major brands and consider OMS to be a valuable resource to any organization. Contact us for all of your copier needs here!