Printer Leasing

[Gateway2Lease]

Hi All,
This thread may have been posted many times before, so apologies if it has. I have tried the search tool, but couldn't find a thread.

I own an expanding company ( finance brokerage ) and we are just about to purchase a third HP Colour Laserjet. In 7 years, we've changed printers 2 if not 3 times, and they are constantly offline.

We have always purchased quality ink and toner ( we tried the cheaper/lower quality route ), and as many of you may appreciate, it costs an eyewatering amount. We switched to defaulting printing to black/white last year ( which we should have done before ) and I am looking into reducing what we print and at some point going down the paperless route, but having physical hard copies of documents is mandatory currently in out industry.

I was encouraged recently to look into leasing our printers. Paying for the printers up-front is not an issue, so it won't really benefit us from a cashflow perspective, so my question is to those who lease, if I switched to this finance method, how exactly would it save us money in the longrun?

Thankyou

Kelly

 

[DavidWH]

Our production digital machine is on a lease and maintenance contract.

We leased the machine, by the nature of our business we print high volumes, and much like cars higher mileage ones aren't worth as much as lower ones.

Also xerox have a service life of each machine, ours may be supported for another 10 years, but as their stock of parts deminishes, the cost per print increases.

The printer we replaced was perfectly fine, a belting machine, however by getting a new one we more than halved our cost per page.

As for maintenance contract, we pay for a mimimum of 6000 prints per month, then we pay a fixed cost for every colour or black and white copy.

When the consumables run low we ring xerox and they arrive next day, when we break the machine, again we ring xerox they come and fix it. All this is covered by the cost per click.

We have a xerox but there are other manufacturers who do similar, such as Konica Minolta.

 

[ldjames]

Have you already compared the cost per page of different printers? They vary a lot in terms of efficiency and toner cartridge costs.