The benefits of leasing a computer.

Essay by drew0417University, Master's December 2003

download word file, 3 pages 2.3

One of the advantages of being an American is being able to make choices. These choices can range from where you go to school, where you work, if you own your own business, what products you should buy to run it correctly, or if buying is even the best idea. When starting a business, where records will be kept is always a great question. The answer is always so simple, computers. The next question is usually, "should I buy or lease the computers?". Leasing computers is more effective for businesses than buying because the total cost of ownership is reduced, it provides flexible end-of-lease options, computer technology is kept up to date, and machinery malfunctions are reduced and/or dealt with in a timely manner.

One of the first advantages of leasing computers is that the total cost of ownership is reduced. Total cost of ownership continues until the machine life ends(AU).

As a machine gets older it depreciates in value due to a number of things. Damage done to a computer is the main reason. A computer gets beat up over time because people use them, spill drinks and food on them, and drop them. People are all careless at times. As depreciation occurs, the total cost of ownership rises. When leasing one can rid themselves of such things because a fixed weekly, monthly, or yearly rate is paid over a specific number of years. At the end of the period the depreciated computer is turned in and a new one can be received if desired.

Another great reason to lease is that choices at the end of the agreement are provided. The first of these choices is to purchase your equipment. In some cases, people will fall in love with a piece of machinery and not be able to...