We know that a school is reliant on a budget with a certain amount allocated to improving technology and equipment. It can be a struggle.

Through our Planning, Choosing, Buying, Using customer journey, we are with you every step of the way. Ensuring your school is equipped with what it needs. One big question when it comes to EdTech though, is the pricing.

Because we understand this, Elementary Technology offers different methods to purchase your equipment that's been tailored around your needs. Purchasing it outright, or leasing the tech over a length of time.

Leasing: What to consider

• Leasing your tech has a low upfront cost which frees you up to consider higher end options for a shorter time. This also lets you allocate those savings to other areas of the school/MAT budget that need extra attention.
• When you lease your technology, you don’t need to feel bad about having to keep outdated tech as there’s no sunk cost fallacy. Just finish up the current term of your lease and upgrade to something suitable for your current needs.
• A lease will have a shorter term than the lifespan of the technology. This allows you to adapt what technology your school/trust uses based on its needs.

Purchasing: What to consider

• You will have full ownership of your device. A good choice for when you need to make alterations that usually wouldn’t be accepted on leased technology or if you need to use the technology for an extensive time.
• Purchased items can have a resell or trade value at the end of its usefulness which can be a possible return on investment.
• While leasing is good for the short term and initial costs, purchasing your technology can save you money if you intend to use the technology for a long time. You should consider how long you want to use your tech before deciding.

The decision is yours

Before making a purchase, you should consider how you want to use your technology and how long for. If you intend to use the tech for a long term and build it into your schools’ systems, then you should purchase it outright. For shorter lengths of time on a budget or to ensure you always have the newest technology, you should keep leasing in mind.

Elementary Technology wants to help equip your school with the latest and greatest in educational technology.