Should You Rent or Buy Odor Removal Equipment? Weighing the Pros and Cons

Equipment costs are a necessary expense for most restoration companies, prompting the common dilemma: should you rent or buy?

In this article, we break down the pros and cons of renting vs. buying equipment to help guide your decision-making next time you invest in new restoration equipment.

Renting: The Pros

  • Short-Term Savings: Rental rates are typically much lower than purchasing costs, making renting a more advantageous choice for the short term. This is especially true if you need to rent a lot of machines for one large loss project if you don’t typically need that many machines to complete your regular jobs.
  • No Commitment: Most rental companies have flexible rental terms, allowing you to return a product once you complete a project. With renting, you also have the opportunity to test out a new machine without the financial risk of paying a lot of money up front for something you may not end up liking. 
  • Less Maintenance: Rental companies usually handle the repairs and maintenance of equipment, saving businesses time and money spent on cleaning and repairs. 

Renting: The Cons

  • Limited Accessibility: Some rental equipment can take days to arrive, resulting in a delay in starting the project or losing the job altogether. It can also be difficult to find rental equipment that’s available when significant natural disasters occur.
  • Accruing Cost: With machine rentals, you commit to paying certain rental fees for the time you have the machine, the cost of which can eventually exceed the cost of purchasing the machine outright. Depending on how often you use the machine, it can be more financially advantageous to purchase the machine yourself. 

Buying: The Pros

  • Tax Benefits: Tax Section 179 allows businesses to write off 100% of the cost of purchasing equipment for that tax year, offsetting some of the financial burden from purchasing the new equipment.
  • Cost-Effective in the Long Term: You can generate a substantial profit from high-quality equipment that you use regularly, outweighing the initial expense to purchase. 
  • Accessibility: Owned equipment is readily available, enabling you to respond immediately to emergency jobs and boosting your dependability with clients. 

Buying: The Cons

  • Initial Expense: Equipment can be very expensive, potentially straining your business’s financial resources for a period of time. 
  • Maintenance Responsibilities: You are usually responsible for all cleaning, maintenance, and repairs for the equipment you purchase. While many machines come with some type of warranty, this usually only covers certain parts for a specified time frame. The time and cost associated with maintenance tasks bring additional expenses to your business. 

Deciding whether to rent or buy a machine depends on many factors, including the individual business needs and the type and quantity of equipment required. When making your decision to invest in new equipment, consider factors such as emergency response frequency, project timelines, and financial feasibility.

At Airbotx, we offer hydroxyl generators both for rent and purchase. To learn more or for large loss support, contact us at info@airbotx.com.

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$179/machine per month
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After 3 months, send your machine back, buy it, or keep it as long as you want for $179/month.

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