The Welding Equipment Dilemma: Rent or Buy?
The debate continues, as contractors and engineering firms constantly re-evaluate how to best deploy their capital and weigh this against their equipment needs.
Because they are used so frequently for both welding and generator power, most contractors choose to purchase gas engine drives like Miller's Bobcat 250 (250 amps of multiprocess CC/CV welding output and 10.5 kW of Accu-Rated™ generator power).
With pressure on companies to increase productivity and efficiency, contractors constantly analyze what it takes to set themselves apart from the competition. This means taking a much closer look at equipment costs and needs before the next bid. Rental companies and welding supply distributors are well aware, and they want to make it easy to do business, which is why many offer rental, rent-to-own, outright purchase or even lease options (although the latter is not a major trend for welding equipment-yet). To determine which avenue is best for you, use the worksheet in Fig. 4, contact both your local rental house and your welding supply distributor and weigh the options they present.
For more answers to key business issues, please visit millerwelds.com/results/construction.
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