Audio Visual Equipment - Whether to Purchase or Opt for Rentals

Buying audio visual equipment involves a huge investment. Even after spending a fortune you can end up with obsolete models over time as the newer and better versions of the equipment are introduced. This is where audio visual and LCD monitor rental enters the picture.

With rentals you can use the latest technology

Audio visual rental allows you to experience latest technologies without making a huge investment. You might need the latest laptop for an important presentation for a few days. In such a case you can opt to rent it and save money. Renting audio visual equipment like laptops, mobile phones, plasma screen, long range speakers etc has gained popularity due to rapidly changing technologies in the field.

A good option during travel

Companies that want to provide AV equipment to employees who travel frequently on business can opt for rentals. It is unimaginable for employees to haul projectors or LCD monitors on their trips each time they have to travel out of town for meetings and seminars. In such situations, renting the equipment at the event location can prove extremely convenient.

Value added services

There are many audio visual and LCD monitor rental companies providing additional support to customers. They also provide many value added services like delivery to the location, expert advice and technical support.

Upgrade incentives

There are some companies which offer upgrade incentives. For example, by paying some amount to join the program, you can return your product within three months and get back 50% of the original price. But this may not prove very cost effective as you end up paying 50% of the original price for using the product for just three months. If you return the product within year you get back 30% of the original price of the product. This might be financially more feasible for you, as you pay 70 % price for a year. If you plan to use the product for only a month and then get rid of it then this is a good offer for you.

Person to person rentals

New websites have come up which enable person to person rental. Here you can earn back the original price of a product by giving it for rent; it is also useful for those who want products on rent.

The decision of buying or renting will depend on your budget as well as on how long you require the product. Rentals may be beneficial for short term but if you keep extending the rental, it may cost you a premium. Although long term rentals cost more, they come with value added services like maintenance and technical support. In case you decide to buy a product, consider the hidden costs too. In addition to the cost of the product, consider what you would be losing in interest on that amount after a year. This will give a clearer picture.

Carefully consider all the pros and cons of buying and renting. Calculate the costs involved in both and then decide which option is most advantageous for you- buying or audio visual and LCD monitor rental.

For more information on renting av equipment or LCD monitor rental, contact an IT specialist at Vernon Computer Source.

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Author: seanmurphy242