Deciding whether to rent, lease or buy sewer inspection equipment is rarely simple. Whether you’re a municipality or a contractor, the decision can heavily impact your bottom line, how you do business and your growth opportunities.
A wide range of considerations impact the decision, such as:
- Is the equipment essential to your business?
- What are your available financial resources?
- How heavily will you use the equipment?
- What specific features do you require?
- Have you planned for necessary maintenance and service?
- Have you anticipated total cost-of-acquisition? (Service, maintenance, interest payments, storage, service life, etc.)
Short-term equipment rental can cut costs and boost productivity—particularly when you need capability on a per-job basis, or when you want to try out a new service offering. Leasing frees up capital. Buying requires capital up-front, but can be the most economical option long-term.
“Sewer Cameras: Rent, Lease or Buy?,” a new white paper from Envirosight, offers an in-depth look at each option. The paper will guide you toward making the decision best suited to your particular needs.