Lease vs. Buy: What’s Best for You?
Perhaps the most attractive advantage of leasing lies in the ability to end the agreement. When an organization buys an asset, it owns it. That may be a little over simplistic, but it is true. You own the asset and you are stuck with it, regardless of its performance. Ever hear of someone buying a lemon press and getting the vendor to take it back? There are examples, to be sure, but they are rare.
Ray Chambers, CGCM, MBA, has invested over 30 years managing and directing printing plants, copy centers, mail centers and award-winning document management facilities in higher education and government.
Most recently, Chambers served as vice president and chief information officer at Juniata College. Chambers is currently a doctoral candidate studying Higher Education Administration at the Pennsylvania State University (PSU). His research interests include outsourcing in higher education and its impact on support services in higher education and managing support services. He also consults (Chambers Management Group) with leaders in both the public and private sectors to help them understand and improve in-plant printing and document services operations.