Of course, these are rough cost estimates and need to be adjusted for the value and type of equipment in use. They should, however, give you something to think about when you consider the cost of rental. It isn’t as bad as you think.
If you’re wondering how these rental rates can be what they are, consider that the rental company:
•did not pay the same amount as you did for the unit;
•is in the business of maintaining equipment;
•pays less for parts;
•will deliver and pick up the equipment with trucks that are highly utilized;
•gets rid of any high-maintenance units;