Hire vs Buy Calculator
Whether it's cheaper to hire or to own comes down to how much you'll actually use the machine and what the numbers around it look like. This calculator does the arithmetic once you supply your own figures — days of use per year, your quoted daily hire rate, the purchase price you've been offered, how long you expect to own it, your maintenance and inspection budget, and a realistic resale value.
Everything stays on your device and nothing is pre-filled with invented dollar figures, because the answer is only ever as good as the numbers you put in. It's a decision aid, not financial advice. If you'd like a second opinion on a hire rate or a purchase price, we buy, sell and hire these machines every week — call 0416 689 689.
Enter Your Numbers
How This Works & Assumptions
The calculator compares two totals over the ownership period you specify. Total hire cost = daily rate × days per year × years. Total ownership cost = purchase price + (annual maintenance and inspection budget × years) − expected resale value. Break-even utilisation is the number of hire days per year at which the two paths cost the same.
Assumptions: every figure is yours — nothing is pre-filled with invented dollar amounts. The tool does not add interest, finance costs, insurance, transport, GST or the time-value of money, and it assumes a constant hire rate and usage across the period. It's a straight cash comparison, not financial advice.
The results are only ever as good as the numbers you enter. If you'd like us to sanity-check a hire rate or a purchase price against the market, we buy, sell and hire these machines every week — call 0416 689 689, or look at our finance options if ownership stacks up.
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