My experience is that when a printer goes wrong, you want it working and repaired within hours.
You have to study your useage, is it commercial.
All my printers have never lasted three years and I've had many, since most printers start to give little signs that they are getting towards 'bedtime', it's always a good idea to do some research in replacing it remembering that, the latest printers are bound to be improved on the one you are replacing, if you do your research well.
I would consider paying less and accept a 'clawback' over two years. I'll give you a good example. I have an HP 1220C which is an office machine and when new it cost a £210. It's now 30 months old and done good service until a month ago It started to lose it's registration on card printing, (perhaps a roller or pick up problem). I now have a Canon Pixma IP4000 and bought it for £108 delivered. This printer far outstrips the HP both in quality and spec and is slightly cheaper to run. I use "Eurocarts" ink and I have no complaints......I now have two printers both connected via usb, they both stay switched on permantly, and I can choose which to use at will.
Hope all this helps.