Why is the monthly rental rate higher than the weekly rate times four?
I'm pricing a 6-month job for a 10-person crew on a residential gut rehab. The site is a city lot with gravel access for the vacuum truck. I need one standard portable toilet. The quotes I'm getting have a low weekly rate, but the monthly rate is more than four times that amount. It doesn't add up on the surface.
I understand the rental company has fixed costs per service visit like fuel and labor for the driver. A monthly rental means fewer service visits than four weekly ones, so I'd expect a discount, not a premium. The monthly invoice should show the rental rate and the service fee separately. Does the monthly rate include a built-in service fee that isn't itemized? Are they factoring in a longer commitment risk or administrative overhead for the contract? What is the actual reasoning behind this pricing structure?