If you need concrete grinding equipment, you may be wondering if it is better to rent or buy. Both options have their advantages, so it is important to do some research to select the option that is best for you.
Renting has always been a great option for those who cannot afford to buy equipment but the reality is that renting may make more sense even if you can afford the equipment, so cost is just one of the many benefits renting provides. If you decide to rent, you will not have to pay a large amount of money up-front, and your funds can be used elsewhere in your business. Renting is definitely the more cost-effective option because purchasing equipment will always cost more, and this will be especially expensive in the long run when that piece of equipment is no longer being used.
In addition to costs, you will have to think about the job at hand. Concrete grinders are very useful but if you buy one, you will likely end up using it for projects that you shouldn’t be using it for simply because you have the equipment. Just because you own the equipment, it does not mean that it will be suitable for all of your projects, and it may not be the right one for every type of job. Renting will allow you to select the appropriate equipment based on the job you need to complete specifically, meaning you will get better results. Renting will also provide you with options, so you will get to select the right machine based on the job requirements, so you can rent a hand-held grinder for small residential projects and heavy-duty ones for commercial needs.
Another aspect you will have to consider is your access to the latest technologies, which may be limited if you buy equipment as that will cause you to have outdated technology in a matter of a couple of years. You will not run into this problem when you rent because you will always have access to the latest technologies, so you will get to use new and improved models whenever they are available in the market. Renting will also allow you to test the equipment first, and if you are happy with the concrete grinder, you can purchase one if it makes sense for your business. Renting a concrete grinder is a great way of using the equipment for a lower fee without committing to purchasing it, and if it meets your requirements and provides you with the results you want, you can consider buying one.
If you are interested in a concrete grinder rental, Royal Coating & Supply can help. We offer concrete floor grinders, polish and concrete repair products and work closely with Unicon Concrete, SIKA and Northland Construction Supplies, so if you are in the Edmonton area, give us a call today!