Should I lease or buy my phone equipment?
The rate of technology change is increasing, with an emphasis on faster system development, and shorter product life cycles. This has led to spiraling budgets, driving the need for a re-evaluation of business expenditure. Companies have found creative ways to accommodate technological change specifically by way of leasing.
Leasing can be a reasonable, cost-efficient alternative to purchasing equipment, if researched, executed, and implemented properly. If mismanaged, leasing can be more expensive and frustrating than an outright purchase.
The decision on whether to lease or purchase equipment must be made by:
More often then not we find companies in a leasing situation that is not the best choice for them. Morgan Birgé and Associates can help you to evaluate your purchase and leasing options. With our expertise, we will help you choose the strategy that is best for your business's overall objectives and profitability.
What do I do at the end of my lease (lease returns, lease buyouts, end of lease negotiation)?
Morgan Birgé and Associates are Experts who can help you with your end of lease options. We assist clients regularly in:
Leasing companies are in the business of collecting leasing payments indefinitely. They do not want any equipment returned to them. Often times the interests of the leasing company can run counter to the interests of your organization. No matter what end of lease route is best for your business, Morgan Birge and Associates can help you save money.
Morgan Birgé and Associates will provide you our expertise free of charge and consult with you on how best to handle your end of lease options.
Contact us today with any leasing/end of lease questions you may have.
We also pay cash for old phones and phone systems-click here to learn more.