For any business, prioritising where and what you spend on your new office equipment and technology can be difficult. Having worked with businesses in and around the Manchester area for over 30 years now, North West Digital understand this, and we also completely understand the need to weigh up all the available options.

 

In fact, North West Digital are long term experts on business equipment – offering a wide range of options for both buying or leasing – and we can help you to find the best service for your needs. But before you pick up the phone and talk to us, let’s have a look at the basics first. 

 

Leasing

 

Leasing is our most popular option for a number of reasons. Ultimately, many businesses find leasing a highly attractive option for flexibility, as business needs and service offerings may change over the years. With fixed lease payments, you don’t need to provide a down payment nor secure a loan for a lease – meaning there’s less time spent with the banks and more time getting on with your business.

 

 

The main attraction with leasing is that it makes it easier to upgrade your equipment more frequently as the technology evolves, or as your needs do; with leasing, you’re unlikely to ever find your equipment has become technologically obsolete. Plus, you can use and enjoy the highest quality equipment without having to worry about the upfront cost or ongoing maintenance fees; especially sound for businesses who need to be competitive but otherwise couldn’t afford the cost of top level equipment outright. Leasing also means you’re not responsible for the repair or maintenance of your machinery; the perfect option when there are so many other day-to-day duties to manage!

 

 

Conversely, one of the cons for leasing is that the life value of your lease will likely be more expensive in the long run when compared to the upfront cost of the equipment, so it’s definitely worth balancing this against the overall benefits, plus the value of your time.

 

Buying

 

Buying is a great investment for businesses who know exactly what their equipment needs are and who feel confident that these will not change significantly in the coming years. Additionally, buying your devices is also better value for those who use equipment consistently for a high volume of work, making the investment choice more acceptable against leasing options.

 

Buying equipment also allows you to reclaim some of the money that you’ve spent on it, as your business purchases can be claimed as a lovely tax offset (not forgetting, of course, to claim the depreciation of your items at tax time as well as the cost)! Plus, you can always decide to sell-on any redundant equipment as a second-hand sale later on.

 

 

The bonus of bought equipment is that it becomes your business asset, thereby bringing equity into your business that can be further considered an additional value if sold on in the future. Plus, the equipment you buy will always be yours, so the security that this brings can be of comfort for some.

 

However, whilst buying equipment outright means that there’s less ongoing administration, the downside is that you’ll be solely responsible –  as the outright owner – for all the maintenance and repair; it’s worth considering this time cost in your decision making. Having said that, as mentioned above, if your business does ever require a change, you can always sell on the equipment; it’s often simpler to replace it for something else newer that fit your needs, plus you don’t have to worry about contract dates either, meaning you can just get on with the job.

 

 

Hence, whether you choose to buy or lease, each option brings its own set of different pros and cons. Yet, with the help of North West Digital and our years of expertise, you can ensure you’re getting exactly what you need for a sound business investment.

 

Zero Rental Leasing

 

We know what you’re thinking: what on earth is zero rental leasing?! Well, in fact, it’s actually the most modern leasing service available, offering you ultimate flexibility at vastly reduced costs. If your business is thinking of leasing, than you can’t do better than zero rental leasing. Zero leasing means that you don’t pay for the rental of the machines, only for what you use. It may sound too good to be true, but it isn’t! If you’d like to find out more about zero reading leasing, then please check out our latest article here.

 

Get In Touch

 

Ultimately though, your choice of whether to lease or buy your equipment will ultimately be defined by your specific business needs. Only you know what’s around the corner, or what your daily needs are likely to be.

 

 

So, if you think you’re ready for zero rental leasing, or you want to know more about our standard leasing and buying options, then please get in touch with us at North West Digital today to see how we can help you. There’s no obligation at all and no hard sell, so you lose nothing by just having a chat with us.

 

You can speak to one of our really friendly team by phone on 0161 477 8950, by email at info@, or by submitting an enquiry form through the website and we’ll get back to you as quickly as we can!