As a small start up or mid-size business, you may not have the capital to purchase a copier. If you’re holding onto your financial resources for other business opportunities or for purchases that will appreciate over time, leasing a copier may be a great choice. You'll keep your line of credit open while still getting the copying capacity that you need to run your business properly.
Flexible Pay Structure
Many dealers offer multiple payment structures for copy machine leases. Instead of having to make a single large payment when you buy the machine, you set up a schedule of smaller payments, each of which includes the hardware, software, support and paper. You may have a choice in the length and terms of the lease for optimal payment flexibility. Typically, interest rate changes don't affect established payment plans.
If you purchase a copier, you can deduct the depreciation of the machine, which is around 40 percent of the purchase price the first year and then 25 percent in subsequent years. If you lease a copier, the lease payment is labeled as a pre-tax business expense. This means that you can deduct all of the payments.
New copier technology is in development all the time. Most likely, that machine you buy today will be obsolete within five years. If you purchase a copier, the only way to get a new machine is to sell the current one and buy a new one. Most lease agreements come with the option to upgrade on a set schedule, which means that it'll never be that long until the next upgrade. Typically newer machines are more efficient and have lower operating costs, which means increased profit and a higher return on the lease.
UCI provides a wide range of copier services to the greater Amarillo, Texas, area. Whether you want to buy or lease a copy machine, we are here to help you find the right machine for your business needs. To learn more about our products and services, contact us now.