Save $10K per Year - Cancel your Printer Leases

Leasing your workplace printers is often very expensive. Small businesses with 2 medium duty office copiers on lease can easily spend $15,000 dollars per year in leasing and toner expenses.

A realistic cost to own the same machines is outlined below.

Assumptions:

• Copier 1: HP LaserJet Enterprise MFP M635h ($3,200)

• Copier 2: HP Color LaserJet Enterprise MFP M480f ($1,000)

• B&W Prints Per Year 15,000

• Color Prints Per Year: 15,000

	Cost of Machines	Toner Cost	Total Cost to Own	Total Cost to Lease
Year 1	$4,200	$2,500	$6,700	$15,000
Year 2	$0	$2,500	$2,500	$15,000
Year 3	$0	$2,500	$2,500	$15,000
Year 4	$0	$2,500	$2,500	$15,000
Year 5	$0	$2,500	$2,500	$15,000
5-Year TOTAL			$16,700	$75,000

The printer leasing companies may present their solution as a good value b/c they provide support for these machines, but as you likely have already experienced, their support can be very minimal and inconvenient.

Additionally, with these savings, you could afford to replace your printer in the worst case scenario that there were no simple fix.

Our Preferred Printers

We like HP enterprise copiers for their reliability, toner availability, features, and ease of use.

Printer Life Expectancy

HP enterprise machines are intended for very high print volumes, we would easily expect them to last 5-7 years without major issues in an average small business.

Conclusions

It is our opinion that leasing contracts do not benefit small businesses considering their high cost. Owning your own printers may be an easy way to take back some capital.

We are Here to Help

Have questions, feel free to contact us for a no-cost chat.