When shopping for a new printer, there are many factors to consider. You of course need to take into account your finances in this declining economy, as well as what you plan to use it for. There are 4 main types of printers to choose from: Laser, Inkjet, Multifunctional and Photo Printers. Each has a different speed, quality and price tag attached.
Laser printers are more expensive initially than other printers. However, they cost less to use and maintain. They print more quickly and clearly than other printers. Laser printers typically only print in black or gray. There are, however, color lasers available for those who are interested in the high quality and speed, and can afford the initial cost. They work similar to photocopiers and use toner, which lasts much longer than ink needed for other types of printers. Laser printers also offer an extensive number of features. They are found most commonly in businesses.
Another type of printer is the Inkjet. It prints much slower than a laser printer but still produces a high quality image. The price of an Inkjet printer is considerably less than that of a Laser printer. However, the ink can be fairly expensive, sometimes as much as the printer itself. So before you buy an Inkjet printer, find out how many ink cartridges the printer needs and the cost of each. The most common colors are Black, Cyan, Magenta and Yellow; however, some have additional colors. Check also to see if there are ink refill kits available, where you buy the ink and fill the old cartridge with the ink yourself. Some stores even offer the service of refilling your ink for you for a reduced cost. However, if you have a high-end printer under warranty, use only manufacturer ink to be sure any problems would be covered. Inkjet printers are most common in households.
Both Inkjet and Laser printers have Multifunctional printers. Not only do they print, they offer features such as photocopying, scanning and faxing documents. Multifunctional printers are found commonly in small businesses and are becoming more popular in individual homes.
Photo printers are used exclusively for printing photos of high quality. They generally cost more than an Inkjet printer. Extra costs to consider when buying a Photo printer are the photo paper and ink, both color and black and white. Again, find out how many ink cartridges the photo printer will need, as well as the cost of each. Many Photo printers can print photos directly from memory cards inserted into the Photo printer itself. For those planning to print many photos, this is a very convenient option.
Once you have decided what type of printer you would like to purchase, read reviews online about the different brands available. Also, compare the prices online at various stores to make sure you get the best price and the best printer for you and your family.

Author's Bio: 

Gina Clark writes on technology and finances. Click here for more affordable, technological advice.