Should I Buy or Hire a generator?
Are you in need of a generator?
Are you unsure whether to hire or purchase a unit?
In this article, we will guide you to make the right choice depending on your needs and requirements. The first thing to consider is whether your generator needs are temporary or long term?
For short term, or temporary applications, it is often more cost effective to hire a generator.
If you intend to use the generator long term, it can be more cost effective to buy a generator.
It is best to assess the hiring cost against the buying cost. When the hiring cost reaches the buying cost it is recommended to purchase rather than to hire. The general rule is, if you are likely to need the generator for more than 6 – 12 months you’re better off buying one.
Advantages of HIRING a generator:
- Lower initial cost – generators can be a large capital expense and if you have budget constraints then hiring can be a good alternative to an outright purchase
- Available on short notice – we have sufficient supplies of units that can be hired with minimal waiting time
- Will maintain it for you – because you are hiring, maintenance is not your responsibility. If unexpected trouble arises, we are responsible for repair making it risk-free on your end
- Range of sizes available – whatever your needs and requirements are, we have a wide variety of sizes that you can choose from
- General configuration – generators are set up according to your needs. They can be modified as per your specific requirements
- Duration of use – hire the unit as needed, for short term use like planned power outages, insufficient power supply or one-time and special events like weddings or concerts
Long term use is the main reason for buying a generator, especially for industrial applications or home back-up.
Advantages of BUYING a generator:
- It's yours – this means you are not reliant on a third party when power fails in an emergency
- Not reliant on the availability – it can be installed and therefore it is automatically available when needed
- It is one off payment – rather than paying every time you need a generator
- It is an investment – it is considered an asset
- No limitation on how or when you use it!
Check MacGen industrial generators for sale
Whether buying or hiring, Macfarlane Generators can help with all of your powering needs.
Our seasoned sales team and hire team will gladly assist you in the best way only we know how. Contact us now.