1. Cost of Ownership
Once equipment has been purchased, the owner is most probably liable for the ongoing costs of maintenance, storage, and repair/service by an officially-endorsed service provider (limited by the warranty period stipulated by the product manufacturer). Renting allows you to use your cash for other expenses and not waste it on depreciating equipment.

2. Obsolescence
Through renting, you avoid the pitfall of obsolescence. With intense competition in the manufacturing world, a certain product 10 years ago would have a lifespan of five years or more; now there are new models or upgrades being released for distribution every two or three years. Renting gives you the flexibility to upgrade technology whenever you choose.

3. Savings on capital expenditure
Rental allows you to acquire products without capital outlay. Products purchased spend much of its life on the shelf earning you NO return on your investment. They may also cost you more financially due to additional costs such as storage and insurance. Renting gives you the ability to spread the cost.

4. Repairs and Downtime
With rentals there are no such things as costly and unexpected repair costs as these are initially calculated into rental contracts on a case-to-case basis. If it fails or is broken, an engineer attends to the problem as soon as humanly possible; and if beyond economic repair, a loan or replacement unit is provided.

5. Peak Demands
Rental is IDEAL for peak demands. It allows you to increase or decrease the inventory to suit the needs of your project, conserving your capital outlay and thereby maximizing profits. You get the equipment you need – when you need it.

6. Tax
“In this world, nothing is certain but death and taxes,” said American patriot Benjamin Franklin. Generally, since rentals are FULLY TAX-DEDUCTIBLE, renting is a sure way to save money. On the other hand, purchased equipments are depreciated over time, plus there are maintenance and repair costs until the equipment is sold or written off. Renting allows you to claim tax deductions of up to 100% on your payments.

7. Renting is Kinder to the Environment
This is especially true with respect to products such as electronic goods or plant machinery. Rent one if you need one. Such equipment will be able to service more clients throughout its product life, unlike if owned by one individual or business entity. This consequentially decreases the quantity of discarded and irreparable equipment disposed of by each and every household (or business) at the end of the day. Renting consequentially decreases the quantity of discarded and irreparable equipment disposed of by each and every household (or business) at the end of the day.