Why Lease A Copier?
When it comes to leasing a copier, we offer a variety of leases for businesses, individuals, and non-profit organizations. You can choose to lease a copier based on your necessities and/or budget. Our copier lease Howard county contracts are designed to fit your needs. Why lease a copier, the main reason is that technology changes so fast with copier/multifunction devices that it may pay to lease rather than buy. A copier isn’t a copier anymore. … The main benefit is that you save money by not paying fees and interest charges associated with a lease. Technically, in a lease, the copier is still owned by the dealer or company that issued the lease contract. A lot of times the company that offers you the copier holds the lease, but oftentimes it’s the manufacturer or a third party who takes care of that. In either case, you do not own the copier in a lease situation, and, in fact, you don’t ever own the copier until you buy it outright. What’s really important here, however, isn’t who owns the copier for the sake of ownership itself, it’s the tax implications of the fixed asset.
There are many advantages in leasing a copier, such as:
- Easier Budgeting
You know how much you will be paying each month.
- Tax Efficient
If you pay corporation tax, copier lease payments may be deducted from taxable profits, which reduces the net cost of leasing the equipment.
Making copier lease payments by direct debit helps you avoid unnecessary time organizing payment for equipment rental invoices.
- Conservation of Capital
Your money is not tied up in equipment costs and can be invested in other ways.
- Obsolete Protection
When it’s time for your lease to expire, you may choose to keep your equipment or upgrade to new equipment.