Rent, lease or buy welding equipment?

by Admin 17. September 2019 15:42

 The decision to rent, lease or buy welding equipment often depends on how often it will be used, the amount of equipment required and length of time in which it will be required for.

If equipment is going to be used more than 60-70% of the time for multiple jobs, either buying or leasing the equipment may be the correct way forward for you. If utilization rates are lower than 60% renting may be the way to go. Renting plant provides immediate access to professionally maintained equipment, exactly where and when its required.

Many companies prefer to own their core fleet of equipment then rent additional equipment when required to meet demands of a job or workload. Renting minimizes costs associated with maintenance, repair, storage, handling and freight, providing you with an opportunity to try out new equipment before deciding to purchase. When renting welding plant, you pay for actual use of the equipment, not equipment ownership, this allows you to be more agile as the job needs change and equipment demand increases or decreases.

At RentArc we specialise in the rental of welding equipment and have the most up to date, diverse fleet of rental welding equipment available to accommodate any process or technological requirement. Contractors, maintenance and repair companies, owner-operators and other welding professionals rent from RentArc because of our fleet size, equipment diversity, expert advice and equipment performance.

For larger jobs, lasting a longer period of time or for equipment which is needed on a regular basis, we can offer a longer-term hire contract. Depending on the length of the hire, and amount of equipment needed we can provide you with the equipment you need for the duration you need it at an affordable price.

We can also help to organise competitive lease purchase finance. This is a low cost, flexible option to build your core fleet, allowing you to conserve capital and avoid investing in depreciating assets. In addition to the tax benefits in taking out lease purchase finance, the equipment remains under full factory warranty during the lease term.

RentArc is here to meet your needs and to Keep welders welding. We are always happy to discuss your requirements to find the best options to meet your circumstance and requirements. 

www.RentArc.com . info@rentarc.com . 023 80 867 789

 

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