I hate having to still own one. They take up space. We still have an old Epson Photo printer, which I feed full of cheaper than cheap, 3rd party ink cartridges. We rarely use it to be honest. I've been thinking of getting rid of it as it's rare that we print photos, and when we want a proper print, we'd probably get it done somewhere. It is good for occasional homework duties or cards where someone needs to print a photo.
We also own a Brother Colour Laser. Super useful to be honest. The amount of stuff the kids print for homework and stuff. Also labels for parcels is really handy as someone said above, not having to rely on in store printers that never work etc. Our old Brother was brilliant for years, then died outside of warranty. Nothing even mechanical...it was a fault with the actual PCB internally which was annoying. Lasers are just so much less faff than the inkjets, and the toner tends to last ages and are more reliably generally I find.