Six-month rental vs buying a unit and paying for service only: what do the numbers depend on?
We're building a new workshop at our ranch, and my crew of eight will be on site for six months. There's no septic or water line out there yet. The ground is gravel, and a vacuum truck can pull right up. I'm weighing a long-term rental for a standard unit against buying a unit and just paying a hauler for the service visits.
I know the rental company covers the unit, the service, and any repairs. Buying a unit means I own the asset, but then I have to coordinate the pumping and deal with any damage or wear and tear. The numbers have to depend on the rental rate versus the purchase price and the per-service cost.
What are the real-world factors that tip the scale one way or the other? Does the math change for a six-month project versus a year?