Is It Best To Buy, Lease Or Rent A Coffee Machine?
In this brief article we would like to uncover the pros and cons of:-
- leasing a coffee machine
- buying a coffee machine
- renting a coffee machine
Whether you own a restaurant, hotel, or cafe, there are advantages and disadvantages between the 3 options of owning a commercial coffee machine.
Before comparing the different services you receive when you rent a coffee machine vs when you buy a coffee machine vs when you lease a coffee machine, it is important for you to first get a clear impression about what each of these services encompass.
Coffee machine rental
When you rent a coffee machine you principally pay the coffee machine supplier company a monthly rental fee for using the machine. In a rental contract, you never own the machine under any circumstances.
Coffee machine leasing
Leasing a coffee machine, on the other hand, is similar to renting a coffee machine with the only striking difference of you owning the coffee machine after a predetermined period.
Generally a coffee machine lease does not include with free maintenance plan which you receive when you rent a coffee machine.
Buying a coffee machine outright
Buying a commercial coffee machine is the simplest of all the options with you owning the machine from day one. Usually the coffee machine will come with a limited guarantee.
The service differences between leasing, buying, renting a coffee machine
Coffee machine rental
The biggest advantage of renting a commercial coffee machine is that the company from whom you hire the machine from, is going to fully maintain and service the machine at no extra cost to you
Moreover, the commercial coffee machine rental company is also going to provide you a next day exchange service if the coffee machine falters and can not be repaired on site.
Coffee machine leasing
A coffee machine lease agreement usually comes with a similar guarantee as buying the machine. But the service that you get while leasing is different to buying because a lease agreement will include a preset monthly amount that you may add to the leasing amount, which gives you the same service that you receive in rental, though at a specific cost.
Buying a coffee machine
Buying a coffee machine means you need to invest a big sum of money from the onset.
The initial investment can be deducted over time through depreciation in your tax returns but it is limited to capital allowances on purchase.
Leasing & renting allows you to get tax relief on every payment made. With that said buying a coffee machine is a good option if you plan to hold onto the machine for an extended period.
Deal Direct With The Coffee Machine Wholesalers | Rent, Buy Or Lease
Peter Walker CEO KoffeeOne
Coffee machine wholesalers, Koffeeone has evolved considerably since its foundation and now distributes the very best commercial coffee machines from Italy, as well as now manufacturing their very own Pierro office coffee machine range.
Koffeeone was formed in 1999 with the goal to supply wholesale priced corporate coffee machines, office coffee machines and espresso coffee machines to cafe’s, restaurants, corporate offices and registered clubs.
To ensure their clients receive the very best support on their range of coffee machines Koffeeone provide full service support for each and every one of their customers, large or small.
Peter Walker, CEO of Koffeeone states, “We ensure we only supply the very best office coffee machines. Why ? To ensure the longevity of operation, to make sure your coffee machine requires minimal operational attention by your staff and are very easy to maintain and use.”
He continues, “When you order your commercial coffee machine direct form the importer and wholesaler you can be ensured you are dealing with a company who has been in business for over 15 years and has served many continuing and long standing customers.”