Deciding whether to lease or own a copier in Singapore depends on several factors such as budget, business needs, and the copier's lifespan. With a limited warranty of 5 years and parts that may require frequent replacement, leasing may be a more cost-effective option in the long run.
Leasing allows businesses to access the latest copier technology without making a large capital investment upfront. With leasing, businesses can upgrade to newer models when their lease term is up, which means they can always have access to the latest features and technology. Additionally, leasing often includes maintenance and service, which means businesses can avoid costly repairs and replacements for parts that may require frequent replacement.
On the other hand, owning a copier means businesses have control over the equipment and can use it for as long as they need. However, with the limited warranty given by local vendors, high chances that they will no longer offering support for your copier be it you want to use it for life. Owning a copier can be expensive upfront, and businesses may need to budget for costly repairs and maintenance as parts wear out over time after the given warranty time frame.
Overall, with a limited warranty of 5 years and parts that may require frequent replacement, leasing may be the better option for businesses in Singapore. By leasing, businesses can access the latest technology and avoid costly repairs and maintenance, making it a more cost-effective option in the long run. However, it's important for businesses to evaluate their budget and copier needs carefully before deciding which option is best for them.