YouTube video by Mike Andes offering practical advice on whether to rent equipment. The provided transcript excerpt argues renting gives access to a wider range of machinery (different types, models, sizes), typically newer equipment, and avoids transport, maintenance, insurance, storage, and related ownership costs.
You can simply go and rent that piece of equipment and you have access to all these different types of machinery instead of just the one locked in type of model or make or size that you purchased. Also, when you're renting, typically it's going to be newer equipment. You don't have to transport the equipment, you don't have to worry about maintenance, insurance, and all the other down costs of storing and maintaining a large piece of equipment.
