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Buying a Generator Compared to Hiring a Generator

Buying a Generator Compared to Hiring a Generator

20th Jun 2019

When to rent a generator:

Renting a generator from a hire company can be a simple option to quickly get a machine up and running in your business, particularly if you will only use the machine occasionally or for a short while. Other benefits of renting include a lower initial outlay and lower risk to business operators who are not certain they have a steady stream of work ahead. In general, renting from a hire company can be an ideal option for short to medium term, one off or remotely located projects.

The daily hire rate for small generators, of around 2kva-4kva is approx between $120 to $200 per day (sometimes more). So for every 3-4 days of hiring a generator, you could buy your own. If you take regular trips, live in an area prone to blackouts, are embarking on home renovations or are looking to start a small business, the cost savings quickly mount up.

It’s not only from a cost-saving point of view that buying your own generator makes sense – there’s also the convenience factor. Every time you hire a generator, you have to go through a time-consuming process:

  • Research the best deal
  • Find a generator that’s available when you need it
  • Booking the generator
  • Arranging delivery or collection
  • And so on…

When it’s your own generator, you simply retrieve it from storage and do some quick maintenance checks (make sure there is enough oil) before getting on with your job or on the road. And the better the generator brand, the more support you get if you need servicing.

When to buy a generator:

For people / businesses that need flexibility about when and where they use their equipment, or those that anticipate using their machines for a longer period.

Buying a piece of equipment outright does give you control. It can also add up to a lower lifetime cost compared to renting even though the initial cost is greater. Buying brand new also means you can choose the exact specifications you need and be sure you have access to the very latest models and features. Ownership does come with the responsibility to manage repairs and maintenance.

Here are three example scenarios you should seriously consider buying a generator over hiring a generator:

  • You take regular camping, caravanning, boating and 4WD trips
  • You own a small portable business, such as market stall, coffee cart or food van
  • You are doing regular home renovations, DIY tasks
  • You live or run a business in an area prone to power outages
  • You are a contractor who undertakes work on un-powered sites
  • Take the time to work out exactly what size generator you will need, so you can get the best bang for your buck – check out our website for great deals on quality brand generatoe models for all applications. Buy your own now rather than hire a generator.
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