Rental charges are known up front, so you can plan accurate job costing.
Initial cost known, but may not be justified on a short term job.
You are assured of the right pump for your application.
This unit may not be the right pump for your next job.
Maintenance is provided by our skilled mechanics.
You must have skilled mechanics and spare parts available.
No need to inventory rental equipment.
Equipment must be accounted for regularly.
No problem here, since rental equipment is returned when job is completed.
You must have space available to store unused equipment.
Rental equipment is returned after job is finished.
Selling off used equipment can be costly and difficult.
No need to capitalize. Therefore you can deduct rental charges.
Purchase must be depreciated over several years.