The dilemma that most medical facilities face is whether they should acquire used or new medical laboratory equipment. Used lab equipment comes with its own pros and cons and so does new lab equipment. However, if you are armed with proper information, you can easily make an informed decision. Below is a discussion of some of the pros and cons of both used and new lab equipment.

Medical Laboratory Equipment

As a new medical facility, you might be wondering if you should purchase used or new medical laboratory equipment. The truth of the matter is that it all depends on what your immediate needs are. For instance, if you want to save on cash then used medical equipment is the way to go because it is cheaper and you can acquire high end equipment. One disadvantage of making a cash purchase on used lab equipment is that most of them hardly come with a warrant. You also have to be careful not to purchase used equipment which is obsolete.

New equipment on the other hand comes with a warranty although it is much more expensive than used equipment. It is also incorporated with the latest technology which will ensure that your lab tests are more accurate. If you prefer to use new equipment but your medical facility does not have enough cash flow to make a purchase, you can choose to lease it instead. Below are some tips that you can use when leasing your medical lab equipment.

Medical Laboratory Equipment Leasing

Many people especially those trying to establish new medical facilities should avoid getting into deals that seem to be too good to be true. Missing out on important details in a lease can result in disappointment and loss of a substantial amount of money.

As with any other agreement, it is very important to look at any hidden costs or loopholes that the lease might have. The total cost that you are expected to pay should be clearly indicated in your lease. If you are going to be responsible for repair and maintenance costs, then this should be indicated on the lease. Moreover, if there are any fees that you should pay for early termination of your lease or if you want to add new medical laboratory equipment, the lease should indicate the minimum amount of money it would cost you.

Medical Laboratory Equipment Financing

Whether you are a new medical facility or you are already established, you can always find better financing and leasing options for your medical laboratory equipment at LeaseQ. LeaseQ is the number one online platform where you can find hundreds of finance companies all willing to give you a free and instant quote.

Using LeaseQ to find a lease that is suitable for you is actually very easy. They have a one minute video that will help guide you through the process. Additionally, if you require special assistance, you can consult their finance experts who will help you to choose the best lease options available.

To see if you qualify for medical laboratory equipment leasing, click here for a free quote.

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