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Why Rent?

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Why Rent?
Rent vs. Buy Calculator

At RSC Equipment Rental, we are confident we can start saving you money today through renting!   To see the benefits that renting a specific piece of equipment would bring to your bottom line, just select one of the examples of the dropdown menu below.

*Source: Equipment Watch.

 See different equipment:   

Total Savings By Renting: $18,033


Backhoe - Case 580 -4WD 12-15'
 Purchase Price (estimated): $56,144    Anticipated Years of Ownership: 5
  Anticipated Ownership Life Hours: 4500
Residual Value: 48.1%   Annual Use Hours: 900
Residual Value: $27,005   28 Day (Monthly) Rentals Per Year: 6
  Monthly Rental Rate:* $1,531
  Delivery/Pickup Fee: $60

Based on Anticipated Ownership Life Hours:
Ownership Cost Factor Own vs. Rent Variance
Depreciation 3.64 $29,139 $0 $29,139
Cost of Facilities Capital (CFC) 2.59 $11,655   $0 $11,655
Overhead 2.23 $10,035   $0 $10,035
Overhaul Labor 1.81 $8,145   $0 $8,145
Overhaul Parts 1.62 $7,290   $0 $7,290
Residual Value - ($27,005)   $0 ($27,005)

Total Ownership Cost   $39,258   $0 $39,258

Operating Cost
Field Labor 1.84 $8,280 $0 $8,280
Field Parts 2.01 $9,045 $0 $9,045
Fuel/Electric 3.32 $14,940   $14,940 $0
Lube 0.98 $4,410 $0 $4,410
Tires 0.79 $3,555 $0 $3,555
Ground Engaging Components 0.27 $1,215 $0 $1,215

Total Operating Cost $41,445 $14,940 $26,505

Rental Cost
Rental Fees - $0 $45,930 ($45,930)
Delivery/Pickup Fees - $0 $1,800 ($1,800)

Total Rental Cost $0 $47,730 ($47,730)

 
Total Cost $80,703 $62,670 $18,033

Total Savings By Renting: $18,033

*2004 Industry Average Rate
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