The Rental Concept

SHOULD YOU RENT OR OWN?

When weighing up the costs of renting versus ownership, it’s worth remembering that:

  • Equipment depreciates over time.
  • Equipment can rapidly become obsolete.
  • Business expansion and contraction cycles, plus project needs, can result in changing asset requirements over time.
  • Upscaling or downsizing owned asset inventory can be time-consuming.
  • Asset disposal can be costly and loss incurring.
  • Effective asset funding can free up cash flow and reduce expenses.

RENTWORKS AT A GLANCE