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What are the pros and cons of leasing wide format printers?

Leasing is an excellent option for businesses that need access to wide format printers without incurring the cost of ownership. Leasing wide format printers can also be a good option for businesses that do not have the revenue to purchase a large printer outright. Unsure if you should lease a wide format printer? Check out the following pros and cons:



Pros

  • You don’t need to keep the printer forever because you have the option of upgrading to the latest technology when the lease ends.
  • Business owners deal with less ‘cost guesswork’ when it comes to wide format printer financing.
  • Leasing large format printers can help save more money for the business in the long run.

Cons

  • You can’t just cancel a lease agreement as there is an aggregate number of payments to pay if you buy out before the end of the term.
  • In some cases, leasing the printer may be more expensive than buying the equipment outright.

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