Should You Rent Or Buy An Lcd Projector?

If you are considering buying an LCD projector for your home or office

, you should weigh the pros and cons of renting versus buying. While a projector has many uses and benefits, it is a costly piece of equipment that requires quite a bit of care and maintenance, so it pays to consider whether renting or buying is best for you.

Frequency of Use

The first major factor to consider in whether to rent or buy a projector is how often you plan to use it. Considering that professional quality projectors can cost $1000 or more, with average annual maintenance costs of around $150, it may simply make more sense to rent a projector when and where you need it, as opposed to having a costly piece of AV equipment sitting around collecting dust. You should also take into consideration the high cost of replacement parts, should your unit require them. For example, a projector lap costs approximately $350 to replace. If your business is considering making this purchase, keep in mind the possibility of obsolescence, as well as equipment depreciation. When you rent a projector, you're paying only for actual use (often under $100 per rental), and the headache of maintenance and upkeep becomes someone else's problem. Additionally, renting a unit ensures that you have up-to-date equipment, and there's no fear of obsolescence.

Location / Environment

If you've decided that you will use a projector often enough to justify the investment in purchasing equipment, the next key question to ask is: where are you most likely to use a projector? Will you primarily use the projector only in your own conference room for in-house meetings? If so, this could be a wise purchase. Otherwise, if you intend to travel to client sites, off-site meetings or out-of-town trade shows, it will probably make much more sense to rent a projector where and when you need it. If you purchase the equipment to transport from place to place, you now have to focus on training and educating staff on the proper use and transport of this delicate device. You will also want to get a smaller, more streamlined unit for easier carrying from location to location, and you will need a solid, protective carrying case. Additionally, traveling staff may encounter additional delays when going through airport security with such a device, which creates an added hassle (as opposed to rental companies, who can ship a rental projector to the location of your choice, thereby bypassing any problems in airport security).

by: Andy Grant

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