Valitor Open Main Menu Purchasing vs leasing. Save up to 45% on leasing costs by purchasing outright Leasing small, low value (in real terms) equipment can work out to cost a lot more over the lifetime of a contractual leasing agreement compared to purchasing upfront. In fact, in a recent Valitor survey with the RFI, two-thirds of small and medium merchants surveyed favoured purchasing rather than leasing their card terminal. Purchase now The benefits of purchasing your card terminal. Substantial savings Merchants can save up to 45% by purchasing a card machine instead of spreading the cost over 36 or 48 months. No monthly rental costs If you purchase your card machine, the device belongs to you, so there will be no ongoing monthly rental costs. 12 months warranty Customers who purchase their terminal will receive the same level of support and service levels as leased customers. Speed of set–up The set-up process when you a purchase a terminal is a lot quicker compared to applying for a leasing agreement. This means that you can be up and running quickly, accepting card payments almost immediately. No long-term contract Many businesses do not know what their financial situation will be in 3 to 4 years – so committing to a leasing agreement can feel scary. By purchasing your card terminal upfront, this will put a stop to ongoing and lengthy leasing contracts. Should I be leasing my card machine? Leasing your card machine is a beneficial option if you do not have the cash flow available to purchase upfront. Leasing a card machine can be a helpful option for your business if you need a longer-term financial arrangement. The cost of your card machine will typically be spread across a 36 or 48-month contract and you will need to make a regular monthly payment. It does work out more expensive in the long run, however, it will help improve your cashflow. A further benefit is that if anything goes wrong with the machine, the provider will resolve any issues for you. The main pitfall of leasing a card machine is that it becomes an ongoing expense, like renting a house or leasing a car and you will never own it outright. What should you consider before purchasing or leasing a card machine? There are plenty of factors to consider when it comes to purchasing or leasing a card machine. Here are a few factors that you will need to consider before making your choice. Determine whether you have sufficient cash flow to buy your terminals outright. Consider whether you will receive better tax benefits through purchasing or leasing. Think about whether monthly payments will be easier for you to manage. Consider where you and your business will be in the next 3 to 4 years. Do you have the security to sign up for a longer-term contract? Give it some careful thought before making your choice and be 100% aware of your needs and responsibilities to ensure you make the right decision. Short-term rental. If you’re organising an event or pop up shop that will run for only a day or two, for example, a short-term card machine could be the answer for a relatively small outlay. It removes the need to get into a long-term commitment. View short-term hire Call us FREE today on 0808 204 0343. Speak to a member of our friendly UK team to find out about your payment options and obtain pricing. Alternatively, please complete the form below and we will call you back Choose a callback time 7am - 8am 8am - 9am 9am - 10am 10am - 11am 11am - 12am 12am - 1pm 1pm - 2pm 2pm - 3pm 3pm - 4pm 4pm - 5pm 5pm - 6pm 6pm - 7pm 7pm - 8pm 8pm - 9pm By Submitting this form you agree to the terms of our privacy policy. We'd like to keep you up to date with news, events, products and services from Valitor. Please tick this box if you are happy for us to stay in touch by email and telephone. Submit Card machines Online payments Partnerships Customer login Customer support Online help Blog Case studies About us Privacy notice Complaints Valitor.is Valitor Status Page © 2021 Valitor. All Rights Reserved. By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts. Accept All Cookies Cookies Settings