Leasing and buying solve different problems. The right choice depends on cash flow, expected usage, support requirements, flexibility and how long the equipment is likely to remain suitable.
A balanced comparison
| Question | Leasing may suit | Buying may suit |
|---|---|---|
| Want to avoid a larger upfront purchase? | Often | Less often |
| Prefer outright ownership? | Less often | Often |
| Need predictable support? | Potentially | Depends on maintenance arrangements |
| Need equipment briefly? | Consider rental | Possibly for a basic device |
Questions to answer before deciding
- How long will the equipment be used?
- What is the likely monthly volume?
- Is ongoing support essential?
- Could the requirement change significantly?
- Is ownership important?
- What is included in the service agreement?