Many small businesses like to believe that the Sugar Land Copier lease buyouts are saving huge money for them. However, this is only one side of the coin. There are situations where small businesses end up paying more to a Copy Lease Company in Sugar Land for their chosen copier equipment. Merely having a leased and technologically advanced printer is not going to bring down your operating costs. If you are not judicious enough to make a smart decision, the Sugar Land Copy Service may actually add on to your cost of operations. The charges incurred on leased copier printer buyouts may vary from company to company. In Houston, these are broadly distinguished into two specific types. These are - FMV Buyout and $1 buyout. Let us understand these two briefly.
The FMV or Fair Market Value buyout allows you to get a selected copier equipment by paying a minimum monthly sum of money. The lease contract is provided with tax saving benefits and allows you to purchase the leased copier equipment on completion of the term period. If you buy the leased copier equipment, the Houston copier leasing company will charge a fair market value after calculating the depreciation costs and the current market value of the used printer or copier machine. The expenses incurred on the copier lease Sugar Land will not appear on the balance sheets of your company.
The $1 buyout is also chosen by many businesses in Houston, as it gives them the opportunity to have a hands on experience with selected printer or copier machine before they decide to actually purchase it. Under this scenario, the total value of the copier printer equipment is divided into several smaller installments. These installments are to be paid by the company borrowing the equipment from the copier equipment service provider. After the contract period, the lessee can buy leased copier equipment by paying $1.00 as a symbolic token.