- No capital investment required
- No capital replacement programme required
- Immediate availability for short term needs
- Eliminates requirement for storage
- No direct maintenance costs
- Site downtime eliminated
- No transport required – equipment can be delivered and collected from site
- Vast ranges of high quality equipment available and updated by supplier
- Consumable items supplied on sale or return basis – no overstocks
- Contemporary safety advice
- Demonstration and instruction on safe use and operation of equipment given
- Relevant PPE issued with every hire
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Hire vs Buy Calculator
This calculator has been created by the European Rental Association to allow any stakeholder involved with construction equipment to check whether for his specific situation it would make more sense to hire (rent) or purchase a specific piece of construction equipment. Variables taken into account include acquisition cost, financing, utilisation rate, maintenance and other costs as well as resale rate.
This calculator will allow a contractor and/or a rental company to calculate the cost implications of renting equipment rather than buying it.
Click here for the Hire vs Buy Calculator
Stronger together.
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