Oklahoma City Leasing Basics for Your MFP

Leasing an Oklahoma City MFP is a financial decision. Whether or not buying one or leasing one is more beneficial than the other is entirely dependent on your business’s financial circumstances. Between buying and leasing a copier, leasing is the most popular trend because of its low impact on operating capital and the tax deductions. With leasing, you can deduct down to the exact dollar you pay monthly to operate the business asset versus the depreciation on a year by year basis when you own the asset. Leasing a copier is more manageable than owning one, at least financially.

With a lease, you have a consolidated bill that covers everything from consumables, accessories, maintenance, etc. as a monthly expense. Service plans do not require leases, but a representative may try to push the service plan on the lease at an added cost. If they tell you that it is necessary, it is not true, but it is generally advisable to have one alongside a lease. Purchasing a copier and getting a supplies and service contract are two separate things, and always will be. The only thing that the lease should say is that you pay for the copier at a rate per month for a predetermined number of months or years, then you have to make a notice of intent to return.