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Copier industry generates about $24 billion by selling over 1.5 million new copiers annually. No doubt this huge market prompts manufacturers to constantly improve their products on quality and performance, resulting in stiff competition among copier vendors. An average mid-level business copier can cost anywhere from $5000 to $10000 and the price can hike up to $40000 for the best office models. It is because of this high cost and ever changing technology, copier leasing becomes a preferred option for many business organizations than purchasing a new copier.