January 5, 2007, Newsletter Issue #49: Renting or Leasing Projectors in Business

Tip of the Week

If you're not ready to make an investment on a corporate projector, you have other options. It's fairly common to rent or lease a projector for an agreed-upon daily or monthly fee. Three-year leases tend to run from $125 to $250 per month for a moderately priced model, but ends up costing you about the same as just purchasing one in the long run. Leasing can make sense for some businesses, however, given the ability to write it off as a business expense. But if you only need the projector for a small period of time, daily rentals can come in handy at about $100 a day, and would be the way to go for something like an annual company presentation.

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