CostAcronym
TCO (Total Cost of Ownership)
The complete cost of owning a copier, including purchase price, supplies, maintenance, and energy costs over its lifetime.
Detailed Explanation
Total Cost of Ownership provides a comprehensive view of copier expenses beyond the initial purchase price. TCO includes: hardware cost, supplies (toner, drums, maintenance kits), service contracts, energy consumption, downtime costs, and disposal. Calculating TCO over 3-5 years helps businesses make informed decisions and compare options accurately. Lower purchase price doesn't always mean lower TCO - factors like consumable costs and reliability significantly impact long-term expenses.
Examples
- Purchase price: 30% of TCO
- Supplies: 40% of TCO
- Maintenance: 20% of TCO
- Energy and other: 10% of TCO
Quick Info
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Cost