Nothing beats the sweet aroma of coffee wafting through the workplace in the morning. Which always comes into question when considering to buy vs lease a coffee machine. A good cuppa joe can be the perfect antidote to the 3pm slump, the fuel for your brainstorming sessions, or a beloved morning ritual to start the day off right.
There are pros and cons to both, but deciding whether to rent or buy a coffee machine is contingent on things like office size, your financial situation and staff needs. As a business owner or office manager, you understand the value of setting your staff up with a coffee machine, but there’s a bigger question brewing: buy vs lease a coffee machine, which is best?
Buy Vs Lease A Coffee Machine
Now, renting an coffee machine is a good option for start-ups with a small staff or when upfront costs are an issue. But when you break down the costs and benefits, there’s a clear winner in the renting vs buying coffee machine debate, and that’s buying.
Here are 5 reasons why buying a coffee machine is better than leasing:
1. Cost Efficiency
Firstly, buying an office coffee machine is more cost-effective than leasing one. Sure, leasing might seem like a sweet deal initially, with its low upfront costs and easy monthly payments. But when you do the long term calculations on those cappuccinos, it’s these easy-going payments that can add up to a whopping sum over time.
Yes, purchasing your coffee machine might seem like a hefty initial expense. But consider this – it’s a one-time investment. There’s no ‘per-month’ hanging over your head, and no surprises at the end of the financial year. Over time, you’ll see that buying is indeed the more cost-efficient route within the comparison between buy vs lease a coffee machine. After all, who doesn’t love the extra dosh for a bag of gourmet coffee beans?
2. Ownership
Secondly, buying a coffee machine means that it’s all yours, no strings attached! Managing an office is stressful, and knowing the beloved break room automatic coffee machines or espresso coffee machine is staying for the long haul can give you some much needed peace of mind. Managing monthly lease payments, scheduling machine maintenance and trying to remember when your rental period expires will be a thing of the past. Plus, if you ever move to a new location, you know there’ll be a coffee machine for the office set up and ready to go on day one. Now, isn’t that a comforting thought when debating over renting vs buying a coffee machine?
3. Maintenance Control
Now let’s discuss maintenance – a point that’s easy to overlook when you’re wondering whether to rent or buy an office coffee machine. Everyone wants a clean, well-functioning machine that churns out aromatic, delicious coffee, right? Well, when you buy a coffee machine, you’re in charge of its upkeep. Something to keep in mind when considering to rent or buy a coffee machine.
In the world of leasing, the company renting the machine usually dictates when and how the machine is serviced, and it may not always be to your liking. However, owning your machine means you can scrub, polish, and service it to your heart’s content, ensuring the brew is always fresh and the machine long-lasting.
4. Tax Time Benefits
Fourth on our list in the argument between buy vs lease a coffee machine, is tax time benefits, or more specifically, depreciation benefits. If you’re still on the fence about whether to rent or buy a coffee machine, know this: if you buy a coffee machine for business purposes, you might be able to claim depreciation on it as a tax deduction. With leasing, there’s usually no such perk. So, by buying, you’re not only getting a cracking cup of coffee every morning, but you could also be reducing your overall tax bill. Now, isn’t that a tasty proposition?
5. No Contract Obligations
Finally, let’s talk about freedom buying a coffee machine for the office brings – the freedom of no contractual obligations. When you decide to buy instead of lease, there are no strings attached. If a newer, snazzier model catches your eye, or if you find your office shifting to a tea-drinking culture, you can simply sell your old machine or stop using it.
Leasing, however, is akin to being in a coffee contract. You’re tied down until the lease term ends, and breaking free early might cost you a pretty penny. By buying, you hold the reins to your coffee destiny!
The Final Word For Buying Vs Leasing A Coffee Machine
Renting vs buying a coffee machine – that’s the question that’s been brewing. While leasing might seem like a reasonable option for some, buying your office coffee machine has undeniable perks. It’s cost-efficient, offers complete ownership, allows maintenance control, can bring tax benefits, and is free from contractual obligations. So, when you’re standing at the crossroads of the coffee conundrum to rent or buy a coffee machine, remember – buying your machine is simply the better way to enjoy a brew! Ready to make a purchase? Contact Corporate Coffee Solutions today to set you up with the perfect coffee machine for your workplace and determine the value to rent or buy coffee machine.
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