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Calculating Lease Amounts

If you are looking for a copier lease then you may have started with some online research. No matter what you have read, there is not hard-and-fast rule determining the expense of a copier lease. You need to consider a number of variables and your leasing company will include the necessary options as part of owning your next copier.

When considering a copier lease a good rule of thumb is that you will be paying around $25 per month for every $1000 of your five-year lease. This will not always be the case, but it will be a good way place to start when thinking about your budget. This would mean that if you had a $12,000 copier, it will cost an average of $300 every month.

The above average is based on the normal five-year lease. You have the option to do shorter lease terms, but it will make you monthly payments higher. This means that leases can vary widely, ranging from as little as $100 per month, to as high as more than $600 per month. Leasing has become the industry standard as startups and other businesses can hold onto more of their earnings instead of having to invest in hefty office machines.

You will also have to look to see if you have a service contract. This will often be a separate payment from your lease, but will ensure that your copier is working. You won’t have to send it in for repairs, or worry about parts. It will give you peace of mind and let you focus more on the work ahead.