Questions When Leasing a Copier

Common questions when leasing a copier in Charlotte

When deciding to invest in another copying machine, there are a few options from which to choose. Your Charlotte based business can buy a new copier, purchase a used copier, or lease a copier. Each option has merits, but many questions arise when considering the leasing option.

What does FMV stand for when leasing a copier?

FMV is Fair Market Value. This is an option given to you by the leasing company at the end of the contract to buy the copier. This tends to be overpriced when compared to the open market for used copiers.

Should you purchase a copier or should you lease?

If your company has the cash on hand, purchasing is always better than leasing. If you don’t have the cash flow and can’t afford a new copier, leasing is a valid option. Just do your research on Boston area leasing companies before signing any contract.

Do you have to lease a copier to get a service plan?

Service plans are not exclusive to leasing companies. If a leasing company tells you otherwise, this is a little cause for concern. If this is the case, look around and see what other leasing companies are available.

If you have any questions about leasing a copier, give us a call!