Copier Rental Benefits for Short-Term Projects and Flexible Office Needs
For many companies, the office copier/printer stands at the center of business operations – a trusted workhorse that assists a business in operating effectively. However, like all machines with a large number of fragile working parts, eventually it’ll reach the end of its lifespan, and you’ll need to upgrade. There are three basic options: buying a new copier outright, leasing a copier, or a copier rental. But which option is right for you? For many businesses, a copier rental is the ideal fit.
Buy, Lease, or Rent?
When you buy a copier outright, the machine becomes your property. Besides ongoing maintenance and supplies, there are no further expenses associated with using the copier on your premises. The cost of the copier is a bona fide tax-deductible capital expense, although you’ll have to bear the costs of depreciation in its value over time.
Outright ownership thus makes a lot of sense, but many businesses simply don’t have the available budget to invest in a new machine. This is particularly true if the business’s requirements are for a specialized, high-end machine. Short-term projects or temporary offices also may not warrant the expense of buying a brand-new machine.
That’s where leasing or renting a copier becomes a particularly compelling option.
Copier Lease vs. Copier Rental
Essentially, a copier lease and a copier rental are not all that different from each other. With both options, instead of buying a copier outright for an upfront fee, you are able to make use of the machine for an agreed period and scope of usage in exchange for a monthly subscription fee.
The main differences between the two options lie in the length of the agreement, the cost structure, the flexibility of the agreement terms, and the suitability of each option for different business needs.
Copier Lease Essentials
The copier lease is the more comprehensive of the two options, and typically applies to higher-end machines and more rigorous business requirements. Key features of a copier lease typically include:
- Long-term contract, usually 2 to 5 years
- Newer, higher-end machines available to lease
- Payment structure that works much like financing a car, with predictable, lower monthly payments over the contract term
- Bundled services like maintenance, supply of consumables like paper and toner, and managed print services
- The option to purchase the copier at a nominal fee at the end of the contract period, renew the lease for an upgrade, or return the equipment
So, a copier lease works best for businesses with predictable, long-term printing needs and/or businesses looking for the latest technology, long-term stability, and potential tax advantages, without having to cough up large amounts upfront.
Copier Rental Essentials
In contrast to a copier lease, a copier rental is typically a short-term agreement, either operating on a month-to-month basis or lasting for up to two years. That makes a copier rental the ideal option for temporary use-cases, such as seasonal demand, short-term projects, events, or temporary offices.
Compared to a copier lease, a copier rental offers:
- Greater flexibility – Businesses can easily scale up or switch models without long-term obligations. With a lease, you’re pretty much stuck with the copier you’ve leased until the end of the term, or you will likely face additional costs if you want to upgrade during the lease term.
- Lower upfront costs – Often just the first month’s payment and a small, affordable deposit
- Fewer options – Typically, only lower-end or older copiers are available to rent
- Simplified financing – Much more so than for longer-term leases of more costly copiers
- Higher monthly fees – Due to the shorter term of the copier rental agreement and simplified (higher-risk) financing, the cost of a copier rental can be significantly higher than a copier lease
The Copier Rental Agreement
When you initiate a copier rental, you’ll have to agree with the provider that sets out the terms of use and responsibilities for both you and the provider. The agreement should cover:
- Rental period – The duration of the rental should be specified, along with any conditions and charges for early termination or extension.
- Costs – The monthly charge and what it covers should be clearly laid out. Any copy/print volume limits should be clearly defined, along with any overage charges for exceeding these limits.
- Maintenance and service – Extras like maintenance, toner suppliers, and/or technician call-outs may be included in the copier rental fee. The exact services to be provided should be specified, along with response times.
- End-of-rental options – What options are available at the end of the copier rental term? You may be compelled to return the machine, often at your own cost, or have the option to renew the rental, or purchase the machine at a pre-defined price.
Check the Fine Print
As with all contracts, it’s important to read your copier rental agreement thoroughly so you aren’t hit with any nasty surprises down the line. In particular, look out for the following issues, which are common among less scrupulous providers:
- Hidden fees – Make sure the total cost, including any setup fees, overage charges, or service call fees, is clearly defined.
- Inadequate support – Slow response times or limited repair coverage can lead to prolonged downtime, a disaster for most businesses. Ensure you’re getting the service commitments you need.
- Harsh termination penalties and fees – Given the short-term nature of the typical copier rental agreement, your circumstances might change rapidly, requiring early termination of the agreement. Make sure you won’t be charged exorbitant fees if that happens.
- Underperforming equipment – Since many copier rentals involve older or less powerful copiers, it’s worth making sure you have access to sufficient support and, ideally, the ability to swap out a malfunctioning copier for a working one if necessary.
You will often be able to negotiate more agreeable terms with your provider. So, carefully review the copier rental agreement that you’re presented, ask for clarification on ambiguous clauses, and negotiate more favorable conditions before you put your signature on the dotted line.
Avoid Headaches by Choosing the Right Provider
Of course, the best way to avoid these issues is to choose a reliable, experienced copier rental provider with a stellar reputation. If you’re in Seattle, Tacoma, Olympia, Yakima, Portland, Tri-Cities, Spokane, Bend, Salem, or Eugene, that’s us – Copiers Northwest.
We offer rentals for durations as short as one week, and have a range of copier rental options to suit most budgets and use cases. Our expert team will help set up, install, and even remove your copier rental when your project is complete. Contact us today for a free assessment and quote.
