Has anyone looked into leasing a printer rather than buying one?

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I am looking into buying a printer as Ive been using my office printer through my other business but am leaving that office and so will have to print from home. Has anyone considered leasing a printer instead of buying one?
With a lot of the leases they include maintenance, ink, and up to 4-5k in black and white printing a month for a 39 month term… I would just pay the monthly charge and paper.

Anyone one have any good advice on this? The decision is stressing me out…

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Hello homesby Mira, I have not calculate the cost for lease vs buying. If it works for you, why not try it, you be able to write the expense during tax time.

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Think about this - here’s your focus

  1. Will the 4-5k/month limit be sufficient to accommodate the number of signings you do each month;
  2. What is the monthly charge? You’re probably going to be locked into a contract, so what will be the total paid over 39 months? I’d bet my last dollar if you do that math you’ll find you can buy one heck of a nice printer for far less/
  3. What if - you decide to close your business before the 39 months? Is there an “early-out” clause? An “early-out” fee? What is that fee, if any?

Do that math - and that’s your answer. I’ve worked in offices that rented printers - my personal preference is to own my own.

Good luck with your decision

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Linda hit the nail on the head. I think you’d need a pretty lucrative business to have a leased printer really pay off.

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Leasing was the better option for me and I think the better option if you will do this full time. I went through 2 home office printers before I started leasing and it was a hassle. I lease a large printer and the toner is included and unlimited. All the service/repairs are included. So now I only purchase the paper. I pay about 60 per month for the lease on a used printer and then I pay per page I print which helps them incur the cost of the service. I have never paid over 150.00 total in a month. I had previously burned out the 2 printers at the worst possible time and the toner expense was very expensive. Now I just order the toner when I get the low toner notification and it is overnighted to me. Research a couple of companies to get the best deal and try to go local so that if you need a repair, you can get someone to your door as quickly as possible. Hope this helps.

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buy a brother 2230 or 2270 and a brother dcp-L2540 DW or similar MFC–buy laser powder in bulk–buy laser cartridges on amazon—probably 10 times cheaper than renting

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Thanks everyone this helped ALOT

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When I first started, I leased the printer from Xerox. It seemed like a good idea. But, as time wore on, I found myself paying for toner & paper outweighed the cost of owning the printer outright & buying the supplies as needed.
Now, I still use a Xerox, But have purchased the printer & do not have to but the toner or paper from them. I also, do not have to pay for the copies. The nice thing is that I get to write all this off at the end of the year, where I was not able to that before.

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I considered it. I went all the way up to the point of signing. However, to get the lease to the point where the price was feasible, I would have had to commit to a 3-year term. Should the market change (e-docs, etc) or drop, I would have had to keep making that same payment regardless of my print volume. I’ve been in business since 2008 - a lot of ups and downs can happen in 3 years, and sometimes the ability to tighten the belt keeps the doors open. I decided against the lease.

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I have considered Cartridge World, but after reading many bad reviews, decided not to go that route.