Leasing & Rentals

Rent vs. Buy? What is the difference? Why Rent or Lease?

Renting equipment or vehicles is an attractive option. It provides more benefits than outright purchase, and provides the widest variety of equipment for added job versatility. Some of the costs that are avoided by renting instead of purchasing include:

  • Warranties
  • Insurance
  • Regular maintenance and repairs
  • Storage
  • Transportation

Renting not only helps to reduce costs, it also allows you to take advantage of the expertise of staffed professionals who will:

  • Assess and secure the right equipment for the job
  • Offer a wide-variety of specialized and modern equipment

When it comes to deciding whether to own or rent equipment there are many things to consider. One is the burden of ownership that you would not have if renting, such as:

  • Ownership requires a capital investment to cover the direct costs of equipment
  • Ownership also requires additional costs for a maintenance shop, maintenance staff, training, fuel, and more
  • Renting keeps the burden of buying, maintaining and selling the equipment on the rental center
  • National rental companies make significant annual investments in the newest, most advanced equipment on the market
  • Rental companies invest in maintenance staff to keep all equipment in top condition

Renting provides flexibility to:

  • Take on a wide variety of jobs and projects that may require equipment you don’t have the capital to purchase
  • Use specialized equipment that can be obtained via renting
  • Allow for equipment to be available when and where needed
  • Save time and money through availability and access
  • Invest in maintenance staff to keep all equipment in top condition

Renting provides access to expert knowledge and training by:

  • Providing the most up-to-date equipment through the experts within the rental companies
  • Offering groups that have experience with specialized equipment applications, such as scaffolding services, aerial specialists, pump and power

 

 

By renting, all the advantages of these investments are realized without the burden of ownership. Using the MSG Leasing equipment rental/leasing program will result in many positive benefits for your company or project.