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Buying vs. Leasing Printers: Make The Right Choice For Your Organisation

Aug 13, 2024

Are you planning on upgrading your office equipment? It can be a daunting task to decide whether to buy or lease an office printer in London, especially if you are not aware of the pros and cons that come along with each option. Both of these options offer benefits and in this guide, we will help you to understand the advantages and drawbacks of buying vs. leasing a printer to help you make a confident decision.

Printer Hire vs. Purchasing Outright For The Office

Buying a printer is a very straightforward process and all you need to do is decide on the requirements and shop for the best deal. On the other hand, a printer for hire in London is highly popular, as you don’t have to deal with the upfront costs that come along with the purchase of equipment. We have made a comprehensive list of the pros and cons of buying and leasing printers in London.

Purchasing A Printer

Pros

• Purchasing means less paperwork and no monthly lease payments
• It’s an asset for the company
• More control over use and maintenance

Cons

• Huge upfront cost
• Maintenance expenses
• Lack of the latest technology, as it’s a depreciating asset
• Upgrades are often expensive, especially if the printer needs an upgrade every 2 to 3 years

Printer Lease In London

Pros

• Lower upfront costs
• Upgrade options are available
• Maintenance coverage
• Tax-deductible lease payments
• Stable monthly lease payments

Cons

• Strict contract terms
• No option to sell
• Higher overall costs

Should You Buy Or Lease Office Printers In London?

Understanding the pros and cons of leasing and buying can help you make an informed decision. If you are concerned about the cost, then a printer for hire would seem like a better option but if you want total ownership of the printer, then purchase the equipment.
Businesses usually prefer to go for printer leases in London as they come with a lot of financial benefits, like low upfront costs, operational advantages and predictable monthly benefits, to name a few. By partnering with COS Sales, you can choose the right machine for your business that meets your needs more efficiently and sustainably.

How Do Printers Lease, Hire And Rental Work At Cos Sales?

• Selection: Choose a printer for hire based on the specific needs of your business. Evaluate your printing needs and select a model that’s best suited.
• A Contract Is Drawn Up Between You and Cos Sales: We offer competitive pricing and flexible terms, allowing you to upgrade as your business needs change over time.
• Installation: Our team at Cos Sales delivers and installs every piece of equipment and network devices for printing and scanning and removes existing machinery.
• Maintenance: We make quarterly maintenance visits to ensure that the devices are optimally performing to their fullest capacity and prevent any potential defects that might come into play.
• End Of Printer Lease: At the end of the lease, you might return, renew or upgrade to a new model.

Cos Sales: We Have The Leading Dealership For Ricoh And Konica Minolta

With a leading dealership for Konica Minolta and Ricoh printers, Cos Sales offers comprehensive printer hire solutions in London customised to meet the needs of businesses of all sizes. With flexible lease agreements, we offer companies access to the latest printing technology without substantial upfront costs. From installation to maintenance and customer support, COS Sales ensures optimal performance and minimal downtime.
Connect with us today to learn more about office printer lease options, their availability and how we can help your business reach new heights of success!