Frequently Asked Questions

How does an MFP copier printer lease work?

MFP Copier Printer Leases, work by you being able to qualify for financing much like leasing a car, the determining factor is if you or your business has a well-established credit history. If you qualify they will break down the total cost of the device into 36-72 monthly payment plans that may or may not include repairs and maintenance. One thing to make note of is at the end of the lease you need to replace equipment in a New Lease or have the option to buy it out if you want to keep it. 

What are the benefits of leasing vs purchasing an MFP copier printer?

It really depends on your business situation and needs, to determine whether buying or leasing is the right move for you. For one leasing requires less upfront capital as you are needing to finance the MFP copier printer into a monthly payment plan. Another advantage of leasing an MFP copier and printer is Up to Date expert repair and maintenance normally are included.

How much does an MFP copier printer lease vs renting cost?

The lease requires a monthly payment that is financed by a current NEW MFP copier printer purchase price, plus the cost of maintenance and repair in the form of a service contract agreement. While Renting is the ability to use an older USED MFP copier printer on a rental agreement, and normally includes maintenance and repairs. Both Leasing vs Renting may or may not include the cost of Toner usage.

Which MFP copier printer lease company is the best?

You have to remember that Lease Companies are separate from MFP copier printer Dealers that represent the sales and service of the device and could be one of many device brands like Xerox, Canon, Sharp, Toshiba, Konica Minolta, HP, Lexmark, and more

What is a copier printer service contract?

A copier printer contract is a service agreement to maintain and repair your device over time. The price of Service Contracts will depend on several factors like the amount of monthly print usage and if it’s Color or just a black and white MFP copier printer, also they are priced to include or not include Toner cost.