Definitely consider the outlay for a colour laser printer. I've had one for around 5 years and it has been no trouble and is always ready to print, scan and copy.
I love my color laser, but depending on what you're printing they're either not ideal (photos) or not always possible (sublimation, transfers, some adhesives, most things involving heat; laser-specialized materials might be available but won't work as well).
Inkjet is also typically more viable for non-commercial borderless and supertabloid printing, like large prints and posters.