Many people believe that it is more beneficial to purchase equipment rather than rent it. This is not always the best practice however, and it can lead to spending more money than intended. For example, a suggested rule is that if a piece of equipment is only being used less than 60% or 70% of the time, it is better to rent it rather than buy it. Another benefit to renting is that there is no time limit on how long it may be used. It can be rented for as short as one day or as long as over a year. But what are some of the benefits to renting? Consider these situations where the best equipment is rented instead of purchased.
Renting Equipment for Home Renovations is Easier and Cheaper than Buying It
Many individuals think they have to buy a lot of materials when they want to