Should You Buy or Lease Your Office Equipment?

Office Equipment — It’s one of the most common questions we get: should we buy our copier outright or put it on a lease? The honest answer is that it depends on your cash flow, how often your needs change, and how much you like surprises. Here’s how to think through it.

The Case for Leasing: Office Equipment

When evaluating office equipment options, leasing is the right call for most small and mid-sized businesses in Tallahassee. Here’s why:

• No large upfront capital outlay. A mid-range MFP can run $3,000 to $15,000 or more. A lease spreads that into a predictable monthly payment.
• Technology upgrades are built in. Copier technology changes fast. A 5-year lease lets you trade up when the term is up instead of riding old equipment into the ground.
• Service can share the same invoice. Service (parts, labor and toner, usually billed per page) is a separate agreement from the lease, but both can appear on one monthly invoice.
• Operating expense treatment. Lease payments are typically deductible as a business expense rather than capitalized and depreciated. Confirm the tax treatment with your CPA.

The Case for Buying

Buying makes sense in specific situations:

• You have capital available and want to minimize long-term cost. Over a 7-10 year life, a purchased machine can cost less than multiple lease cycles.
• Your volume is very low. If you’re printing a few hundred pages a month, a simple desktop laser printer bought outright may be all you need.
• You have an in-house IT team that can handle service. Without a service contract, you’re on the hook for repairs.

What Most People Get Wrong About Leasing

The monthly payment is not the whole story. Read the fine print on total cost over the term, what happens at end of lease (buyout options, return condition requirements), and what the escalation clause looks like if it’s a fair market value lease. And make sure the per-click rate in your service agreement is competitive — that’s where you’ll feel it over time if you’re a high-volume shop. This applies whether you’re comparing office equipment vendors for the first time or re-evaluating your current provider.

What to Watch Out For With Either Option

Whether you buy or lease, avoid these mistakes:

• Buying more machine than you need. Oversized equipment wastes money every month.
• Signing a service contract without negotiating the per-click rate. It’s almost always negotiable.
• Not including a hardware refresh clause in a long-term lease. If the machine dies 18 months in, you want a replacement, not a repair that takes a week.
• Ignoring end-of-lease options until the last minute. Negotiating a new lease from a position of desperation is a bad position.

ABS’s Take

For most Tallahassee businesses, a 36- or 60-month lease with a bundled service agreement is the right answer. It keeps cash in the business, keeps the technology current, and keeps the monthly cost predictable. If you’re printing under 500 pages a month, we’ll tell you that too — even if it means a smaller sale for us. Ask about office equipment experience specifically — not just generic IT or print support.

Frequently Asked Questions

Is it better to buy or lease a copier for a small business?

For most small businesses, leasing is the better choice. It preserves capital, provides predictable monthly costs, includes service coverage, and makes it easy to upgrade technology at the end of the term. For most Tallahassee businesses, the right office equipment choice depends on company size, industry, and growth plans.

How much does it cost to lease a copier in Tallahassee?

Lease costs depend on the machine, term length, and volume. Entry-level MFPs can lease for $75 to $150 per month; mid-range commercial units typically run $150 to $400 per month. High-volume production equipment costs more. Your office equipment decisions directly affect daily operations and long-term costs.

What happens at the end of a copier lease?

At the end of a lease, you typically have three options: return the equipment, purchase it at fair market value or a fixed buyout price, or renew the lease — often on a new machine. Review your lease terms before the end date approaches.

Does leasing a copier include toner and service?

A lease payment covers the equipment financing. Service and supplies are handled under a separate cost-per-click service agreement, which is usually bundled with the lease at signing. Make sure you understand what that per-click rate covers before you sign.

Can I get out of a copier lease early?

Early termination clauses vary. Most leases require you to pay out the remaining balance or a percentage of it. Read the contract before signing, and ask specifically about early termination terms. For further reading, visit SBA guide to managing finances.

Does ABS offer copier leasing in Tallahassee?

Yes. ABS offers lease programs on Toshiba, Ricoh, and Canon equipment with bundled service agreements. Call (850) 222-2308 to discuss your volume and get a quote.