Pros
- Advance
Equipment Replacement- You get an immediate overnight
replacement with any equipment failures. There is no Limited
warranty period.
- Short Term Projects- Your short term needs can be met
when you have a project or a trade show equipment requirement
that may last only weeks or months.
- Tax Benefits- You can apply rental charges as an expense
on the current tax year (Please check with your tax advisor).
- Lower
Expenses- Weekly or monthly costs are often lower than
leasing (3%-10% of monthly purchase costs).
- Configuration and Time- The rental company
is responsible for configuration, installation of software and
upgrades as well as repair.
Cons
- Initial
and Continuing Expense- You pay for the equipment each
time you acquire it and never pay down the cost. In addition
there is payment with no increase to company assets.
- Large
Buyout Cost-
You typically payoff only a fraction of the purchase price of
the equipment each month.
- Fixed
Rental Period-
Typically the equipment is only available to you within the
span of each rental agreement.
|
| |
|
|
