The next time your business needs new b2b hardware, server equipment or other technology, should you buy it or lease it? If you don’t know, read on. This article we’ll take a look at the benefit of leasing–and downsides–of both leasing, plus the questions you should ask to ensure you get the best deal.
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Benefits of leasing
You’re able to more easily keep up with your competitors. Leasing can enable your small business to acquire sophisticated technology, such as a voice over internet protocol (VoIP) phone system, that might be otherwise unaffordable. The result: You’re better able to keep up with your larger competitors without draining your financial resources.
Leasing: The Downsides
You’ll pay more in the long run.
Ultimately, leasing is almost always more expensive than purchasing. For example, a $4,000 computer would cost a total of $5,760 if leased for three years at $160 per month but only $4,000 (plus sales tax) if purchased outright.
You’re obligated to keep paying even if you stop using the equipment.
Depending on the lease terms, you may have to make payments for the entire lease period, even if you no longer need the equipment, which can happen if your business changes.
Ultimately, a few simple rules of thumb may help you decide to lease or buy. If your equipment requirements are relatively small and you have the money–or can get a low-interest loan–then just buy it. You’ll save money in the long run. However, if you require a substantial amount of equipment, such as computers for your new company’s 10 employees, leasing may be a better option.
Why should you use Flexitrent for leasing B2B hardware
You need IT equipment for temporary use? You can rent for as long as you want: from just one day to a whole year. Do you want to rent for a longer period? You can discuss the options with your account manager of Flexitrent. You can always rent affordably with the lowest price guarantee. This makes Flexitrent the ideal renting partner for companies that want to rent computers, laptops rent (translated to Dutch: Laptops huren), tablets, servers, and other IT equipment, in any situation. Flexitrent their method is focused on providing you with quality and service. Flexitrent does everything to help you as best as we can. Flexitrent has account managers in every region and they are happy to advise you, and will quickly send you a free quotation. If necessary, Flexitrent can deliver on the very same day.