If you are thinking of a new computer yet do not wish to buy, you should be wondering whether computer leasing is the way forward of, rather than a computer lease, you should rent.
Well, it all rather depends on what you need your computer for. Computer leasing and computer renting seem similar. They are not.
Computer Leasing is the ideal option if you want IT equipment without using valuable cash flow to purchase a computer or network of computers plus the additional costs of insurance and technical support.
A lease agreement with an IT financing company is for a set period. Payments are typically monthly and usually with technical support included in the computer lease package.
At the end of the computer lease agreement the financing company may allow you to sell the IT equipment and keep the proceeds.
If you break the computer lease agreement within the time specified there may be a penalty payable to the IT equipment financing company.
The main benefit of computer leasing is that it costs a lot less at the outset than buying. It certainly makes sense for small businesses with little capital to take an IT equipment financing lease. Remember also, it is a flexible and tax- efficient way of supporting your business.
Computer Renting is right for you if you need a computer just temporarily.
For example if, say, you were to set up a computer training session, or asked to make a presentation to a convention, rather than taking all your own IT equipment, or be involved in a long term computer lease, you could rent the set-up for a one-off fee and then return it at the end of the event.