Purchasing Or Leasing: Which Is Right For You?
Leasing keeps upfront costs low and puts newer equipment in your office, but interest and long contract terms can push the total above what buying would cost. Buying gives full control, depreciation tax benefits, and resale value, though you’re stuck with aging equipment until you replace it. Maintenance matters on either side, and the article cites 1% to 3% of sales as a common budget for upkeep. Compare your budget, tax situation, and how long you’ll use the machine before deciding.