Power tools can be highly beneficial, making difficult jobs both easier to complete with more efficient results. While necessary, some tools can also be costly, and if you don't use them frequently, they might not provide a return on your investment. This can make renting an ideal option. Use the guide below to help you decide whether renting or buying your equipment is the best choice for you.

Renting

When it comes to power tools, there are some you'll use frequently, and some you might only need once in a while. If this is the case, renting might be your best bet. If space is limited, renting reduces the need to store large or bulky tools. This frees up room for other supplies and equipment, while also eliminating the risk of theft.

If your budget is a concern, renting power tools can save money on routine care and maintenance, as it’s handled by the rental company. Additionally, renting power tools allows you to try before you buy, helping you determine whether the equipment’s worth the long-term investment.

Buying

Perhaps the most significant benefit of purchasing power tools is that you own and have access to them anytime they’re needed. For instance, if your job or personal hobbies require regular use of the same tool, buying it is a far more cost-effective option. You’ll save money on continual rental fees.

Purchasing also gives you access to a wider variety of power tools that may not be offered at some rental stores. You can ensure the tool you buy provides the features needed to complete your project. If you're a contractor, specific power tools can also give you more flexibility. You’ll be able to provide services you possibly couldn’t without the equipment, having it eventually pay for itself. 

Whether you decide to rent or buy your power tools, the skilled and professional team at Schulhoff Equipment Rental & Sales in Cincinnati, OH can help find the right tools to meet your needs. For over 83 years, their team has provided electrical supply, repair, and rentals for business or personal use, with a dedication to quality and client satisfaction. Contact them today at (513) 961-1122 for assistance, or visit them online to learn more about their products and services.