Is It Worth Renting a Compactor or Should I Buy One?

Nathan_Sanders0507

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Hey all,

I’m weighing whether to rent or buy a compactor for some upcoming projects. It’s not something I’ll use every day, but I want to make sure I’m not throwing money away on rentals either. Has anyone been in the same boat? What made you decide one way or the other?
 
Hey all,

I’m weighing whether to rent or buy a compactor for some upcoming projects. It’s not something I’ll use every day, but I want to make sure I’m not throwing money away on rentals either. Has anyone been in the same boat? What made you decide one way or the other?
If you're only using it occasionally, renting can save you from tying up capital, but keep in mind that frequent rentals add up fast-industry averages put weekly compactor rentals at $200-$500. If you rent more than 8-10 weeks a year, you're basically paying the cost of owning. Plus, ownership gives you resale value and eliminates downtime waiting for availability.
 
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