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There are pros and cons to both renting and buying. It pays to evaluate your company’s current situation and capabilities as well as your future plans. It is important to carefully consider which method of acquiring equipment will be most advantageous to your business.
You might want to consider some of the key instances below.
Current financial situation
Buying any type of scale can set you back as a business, but the renting cost can also add up quickly. Over a long period of time, it might be best to buy the equipment over renting. There also might be regulations that force you to rent your equipment. For more information, you can get a free consultation anytime from ADVANCE. ( Click Here )
Cost of ownership vs the cost of renting
Ownership comes with maintenance and operating costs, insurance and other fees such as government licensing like ISO 17025. These costs vary from scale to scale.
Length of project or job frequency
If you currently have a large project it would be best to determine if you will have similar jobs in the future. Are you going to use the scale for a long period of time or just need it for that particular job? Also, offsite projects would be better suited with a rental because moving costs for a truck scale are cumbersome and expensive.
Equipment availability & usage
The big advantage of owning equipment is that you can use it when needed. You can react to unexpected changes in projects or project schedules, take on jobs at a moments notice and complete projects with less downtime.
Management of scales
Management of your scales can be fully supported by ADVANCE regardless of renting or buying. If you are looking for maintenance or calibration on scales you own, Call 855-465-2920 or Click Here for a Quote.
ADVANCE is ISO 17025 certified, Serving the Mid-Atlantic Region.
