Why renting a trash compactor or cardboard baler may be cheaper than purchasing in the long run.

Many organizations call in wanting to purchase cardboard balers or trash compactors.  They have guidelines from accounting, their boss, or some other group within their organization that tell them purchasing is the only way to acquire equipment.  The benefits to purchasing can include tax deductions, owned value, and generally a sense of getting a good deal.  However, there are so many benefits to renting your compaction equipment that you may be further ahead to seek out the rental option.

• Firstly, the cost of rent is much lower than most people believe. This means that the upfront cash outlay is significantly less than purchasing.  So low, and yet, the cost of the rental covers all the expenses of Installation, Freight, Deinstallation, Equipment, Service Calls, etc.  There are no hidden fees in Direct Compactor’s rental.
• Second, Replacement of the compactor or baler costs you nothing extra. It’s included in your rent.  Normally around the 7-year mark, should replacement be necessary, the rental company will need to replace the equipment that you have on site with updated, better functioning equipment.  This helps you because it limits your down time by reducing the number of repairs a unit needs.  A replacement cycle like this can be very cost prohibitive for an independent owner of their own equipment who typically tries to get 10 to 20 years out of their equipment purchase.
• Next, repairs on owned equipment can become extremely costly as their costs can grow over time. For instance, a single hydraulic cylinder replacement can be more than $5,000.00 USD.  That is just one repair you could need.  You could blow a motor.  Require new chains, or any number of other normal wear and tear scenarios.  All of which costs down time and money.  When you are renting, those repairs are only one phone call away.

Once all these costs are considered, and many more, then a lot of organizations find that renting their trash compactors and cardboard balers is the better way to go.  Give us a call today if you have any questions.  (817) 769 – 8340