CPC
    info@copierpc.com.sg
    Call us:  +65 6527 9124
    • Home
    • About Us
      • Our Clients
    • Products
      • Fuji Xerox Copier
      • Fuji Xerox Printer
      • Canon Copier
      • Driver & Brochure
      • Shop Online
    • Services
    • Copier Rental
    • News & Promotions
    • Contact
      • Service Request
      • Meter Reading Submission
      • Careers

    News & Promotions

    Lease, Rent or Buy a Photocopier?

    8/8/2018

    0 Comments

     
    ​There are a few issues to consider before determining what sort of finance method to use when purchasing a photocopier, be it leasing, hire purchase, rental or other form of finance.

    A good way is to conduct a cost vs. benefit analysis. This will ensure that the benefit you get from a photocopier will provide an adequate return on investment. For office copiers, the equipment itself does not actually generate revenue, and so it is more difficult to measure. One of the main benefits usually is the ability to do copying and printing in-house, rather than paying for it at a print/copy shop. Depending on the volume of copying & printing done, there is often a break-even point for a business where purchasing a photocopier for in-house copying, printing, scanning etc. will be more cost-effective.

    Most businesses rent or lease their photocopiers. The main reason for that is that no capital is being tied up and instead can be utilise for other purposes. Additionally, because copier technology progess quickly, finance methods such as renting provides an easy upgrade alternative. 

    Renting or leasing costs more in the long run for products which are financed. They do become a competitive option that must be consider seriously. Be meticulous with rental or lease agreements which include the service component of the copier or multifunction device and charge of the combined rental and maintenance cost on a per-copy or per-print basis. It may look attractive overall, but complex 'contract' language around minimum volumes can disguise higher costs in the future. When financing a photocopier purchase, make sure that whichever method you decide is best for your business, and that you understand all the terms and conditions of the agreement.

    Main features of Photocopier Lease
    •  Preserves working capital for other purposes
    •  Risk of owning an obsolete device
    •  Accounting maybe more complex - depreciation of asset
    •  On balance sheet reporting as an asset/liability
    •  Residual value liability
    •  Contract to be paid out in full prior to upgrade
    •  May involve early payout penalties
    •  Less flexible upgrade path if required during contract period
    •  Directors guarantees may be required

    Main features of Photocopier Rental
    •  Ability to upgrade - reduces equipment obsolescence
    •  No residual value liability
    •  Preserves working capital for other purposes
    •  Off balance sheet reporting
    •  Opportunity to purchase after contract ends
    •  Directors guarantees may not be required

    Main features of Photocopier Purchase (Cash)
    •  Reduces working capital
    •  Risk of owning an obsolete device
    •  On balance sheet reporting as an asset/liability
    •  Accounting maybe more complex - depreciation of asset
    •  No residual value liability
    •  Upgrades or add-ons to be paid for - reduces working capital
    CPC offers all three options for the copiers your business need.
    ​For more packages available this month, call us now or email us to find out more information.

    ​
    Tags: Copier Rental Singapore, Fuji Xerox Copier, Fuji Xerox Printer
    0 Comments

    Your comment will be posted after it is approved.


    Leave a Reply.

    CPC Solution Copier Rental

    CPC Solution Pte Ltd is a Singapore-based company with a niche in providing copiers and printers for business needs.
    We do not believe in making sales, we believe in cultivating lasting relationships. Which is why we deliver a comprehensive range of services, beyond just providing you with a simple copier or printer.

    Contact Info

    +65 6527 9124

    info@copierpc.com.sg

    www.copierpc.com.sg

    110 Lorong 23 Geylang, Victory Centre, #05-07, Singapore 388410

    Products & Services

    • Fuji Xerox Copier
    • Fuji Xerox Printer
    • Driver / Brochure
    • Services
    • Copier Rental

    Newsletter Offers and Promotions

    Subscribe
    CPC Solution Pte Ltd © 2020
    ​Premier Provider of Copier Rental and Photocopier in Singapore
    ​Home   |   About Us  |   Products   |   Services   |  Copier Rental  |   Promotions   | Sitemap  |  Contact
    Back to top