Renting vs. Buying a Vacuum Truck
August 1, 2022
The decision whether to rent a vacuum truck or to buy your own is a tough one. Generally, there are a handful of factors to consider when deciding on renting a vacuum truck versus buying a vacuum truck.
Capital Investment — Purchasing a vacuum truck requires a significant upfront capital investment, often $200,000 to $500,000+. Renting allows you to preserve capital for other business needs.
Utilization Rate — If you'll use the truck daily on long-term projects, purchasing may make sense. For seasonal or project-based needs, renting provides flexibility without the commitment.
Maintenance Responsibility — When you own a truck, all maintenance falls on you. With Vac2Go rentals, maintenance is included, ensuring you always have a working, well-maintained unit.
Fleet Flexibility — Renting gives you access to different types and sizes of equipment as your project needs change. You're not locked into a single unit.
Tax Implications — Both options have tax advantages. Rental expenses are typically fully deductible as operating expenses, while purchased equipment can be depreciated.
Technology Access — Renting from Vac2Go gives you access to late-model equipment with the latest technology and safety features, without the cost of purchasing new.
At Vac2Go, we offer both rental and purchase options. Call 1-855-VACS2GO to discuss what's right for your business.
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