The Latest Technology
With technology advancing at an unprecedented rate, it is more important than ever to ensure the equipment in your office is up to date. Leasing your photocopier allows you to do just that. Whilst it is not advisable to change an agreement too frequently you do not necessarily need to reach the end of an agreement if there is a compelling reason to upgrade. Leasing your photocopier encourages companies to keep pace with technological improvements and not put up with old and unreliable equipment. 3 year leases and 5 year leases are the most common but we can provide a term to match your requirements.
Accountants tend to favour leasing as it allows you to spread the cost over the useful life of the machine, therefore aiding your budgeting. Rather than having to budget for a large single payment for the device(s) you can spread the cost over a lease term allowing businesses to acquire state-of-the-art equipment at an affordable rate!
Businesses are entitled to 100% tax relief when leasing photocopiers as they are classed as a business expense.
A Word of Warning
For all of the reasons stated above leasing is a great option to choose and in 2017 accounted for over 80% of machine sales. You do however need to carefully read the contract as leases have been misused by unscrupulous suppliers. Do carefully read the terms and conditions, look for hidden charges and do make sure the term matches what you were quoted. If you are having a problem with a photocopier contract please do check out our article or get in touch for advice.