You’ve decided it’s time you need a new scale whether its a truck scale or a large quantity of counting scales.
Pros and cons: Buying or rental of scales
Cost calculator: buying versus renting Scales
Figure out your expected period of use (in years, months or days) and the amount of use the equipment will get (expected hours of use).
|The cost to rent equipment
|The cost to own equipment
|Rental rate (per year/month/day) x rental period (number of years/months/days) + pickup/delivery charge = total rental cost
|Purchase cost + delivery, maintenance, insurance (ownership costs) – resale value = total ownership cost
|Total rental cost / rental period = rental cost per year/month/day
|Total ownership cost / ownership period = ownership cost per year/month/day
|Total rental cost / expected hours of use = rental cost per hour of use
|Total ownership cost / expected hours of use = ownership cost per hour of use