During your search for the right charging station, you may wonder whether it’s better to lease or purchase your new charging station. While the decision to lease or own is crucial, the right answer depends on your specific needs. Here are a few things to consider before choosing whether to rent or own a charging station.
What are your business needs?
First and foremost- consider the type of business you run. If your organization holds an event, trade show, or conference annually, you may be better off leasing your unit. You’ll undoubtedly want to re-wrap your station for each event and may need to upgrade the cables or configuration of your unit to keep up with the latest charging technology. Additionally, you may find a lower or slower ROI if you’ve purchased a station that only gets used once a year.
If your organization holds consistent events over the course of a year or your station will be used daily, it may be a better idea to purchase your station as it will yield a much better ROI over leasing the unit indefinitely.
Do you need versatility?
If you’re looking to optimize the charging experience for each event you hold or want to have the ability to change the configuration of your charging station whenever you please, you should determine if you’re willing to pay to lease different types of units depending on your event. Changing the type of charging station used for each event gives you a greater level of customization but it may end up being more expensive.
For example, what if you need wifi or rolling casters and a travel case for one event, but may not need these options for another? Similarly, what if your charging station as a way for your sponsors to promote their brand at your events but the sponsor changes regularly? If this is the case, you may want to consider leasing as it will give you a way to completely change your configuration and custom skin from event to event.
If you’re looking for the most versatile, cost-effective option, our InFuse Flex units are designed to be modular – so purchasing a custom InFuse Flex with varying baseplates and shelves will allow you to convert your charging station from a standing unit to a tabletop or shelf unit seamlessly. If you have two stations, you can even convert the single sided stations into a single, double sided station without having to order completely new units.
Will it truly benefit my business or event?
It goes without saying that if you’re unsure about the viability of a charging station for your business, you should start by leasing your unit. While charging stations are a great way to increase business and foot traffic, we understand that every business is unique and you may find that the ROI isn’t quite what you expected. Leasing a versatile option such as our InFuse Flex gives you a great way to test out a number of different charging styles so you can better determine if a particular style of charging station will work best for your business. Once you find one that fits, you can always commit to purchasing it outright!
If you’re still on the fence, remember that InCharged offers a standard 3 year warranty that covers all internal parts and manufacturing defects. If that’s not enough of a guarantee, we also offer an extended 5 year warranty that includes a technology upgrade, cable swaps, and a new rewrap for your unit. This way, whether you lease or own, you can rest assured that your investment is covered by our industry-leading warranty.