Why rent when you can buy air-operated double diaphragm pumps? Benefits of owning instead of renting

Air-operated double diaphragm pumps are used in various industries as a go-to pumping solution. Therefore, rental companies provide air-operated double diaphragm pumps on rent because of the high demand and utilization of AODD pumps. However, it is not always the best solution to rent an AODD pump instead of buying it. Instead, it is better to buy air operated pump. Let's understand why you should buy an AODD pump instead of renting.

Why you should buy an air-operated double diaphragm pump instead of renting?

Owning an air-operated double diaphragm pump instead of renting is the best decision because buying provides several benefits and renting results in various complications, high costs, and problems. Following are the benefits of owning AODD pumps instead of renting.

Benefits of owning AODD Pumps instead of renting

Owning an AODD pump instead of renting provides the following benefits.

1.Owning AODD Pump Increases Assets but Renting Increases Expenses

Financially sound decision-making is the key to the success of every organization. Therefore, while choosing between two options of owning or renting an AODD Pump, the organization has to make a sound financial decision. Indeed, the ideal financial decision is to buy instead of rent! It is so because according to financial decision-making, it is ideal to increase the assets by owning equipment instead of increasing expenses by renting. In short, owning AODD Pumps will improve Assets on the Balance Sheet while renting AODD Pumps will negatively impact profit by increasing expenses in the Profit and Loss Statement.

2.Permanent Solution instead of Temporary Solution

Owning an AODD pump is the permanent solution for the current and future requirements while renting an AODD pump is a temporary and often flawed solution for the current requirements only. Hence, every organization has two options when deciding to buy or rent AODD pumps. These options are to get a permanent solution that works every time or to get a temporary fix that might not work even the first time. Indeed, the right choice is to get a permanent solution that works every time i.e. buying the AODD pump.

3.Best Solution for Time-Sensitive Problems

There is a saying that time is money, and you cannot waste it while waiting! Indeed, it is true, especially in the business setting. Air-operated double diaphragms are used in time-sensitive operations. Therefore, waiting for the rented equipment can result in the loss of precious time and financial resources. Hence, it is better to buy an air-operated double diaphragm once and for all instead of renting and wasting resources.

4.Avoid High Cost of Short Term Renting

Renting is expensive! Buying is profitable. It is so because the renting companies will charge you to make a profit from their owned equipment. So, why pay them the profit when you can own the equipment? Furthermore, short-term renting is even more expensive as the renting companies prefer clients that take their equipment for the long term. Therefore, the renting packages always benefit the clients who take equipment for the long term and penalize the clients who take the equipment for the short term. So, it is better to avoid all of these high renting costs by buying the equipment.

5.No Transportation and Extra Costs of Renting

Renting companies charge more than rent! We know, it will come as a surprise but it is a bitter truth. The renting companies have to charge the equipment transportation costs to your place. Furthermore, these companies have to charge a lot of operational, insurance, and other costs to ensure a profitable business. All of these expenses are the extra expenses that you can avoid completely by owning your AODD pumps. So, avoid renting and buy your equipment!

6.Owning Equipment like an AODD pump is the best long-term Investment

Equipment is the key to running the successful operations of every business. Therefore, every business should invest in a long-term investment of owning the required equipment. This long-term investment in equipment is particularly important when the equipment is an AODD pump. It is so because AODD pumps are multipurpose devices. It means you can use an AODD pump for so many operations in the business. Hence, it will remain in use in one way or another. Therefore, it is worth investing and buying instead of renting for the short term.

7.Owning Customized Solution is better than Renting Imperfect Solution

Renting companies do not always have the perfect customized solution according to your ideal requirements. Although renting companies offer you a wide range of options but these options are often over-performer or under-performer options. Under-performer options are the ones that do not meet your requirements and the over-performer options are the ones that exceed your requirements so you have to pay for extra performance, although you do not need extra performance. Hence, there is no perfect solution in renting. So, it is better to get your customized pumping solution by buying an AODD pump.

8.Availability of AODD Pump

The biggest benefit of owning an AODD pump is that it is always available! You do not have to contact the renting company to check if the equipment is available for a particular time bracket or not. Mostly your ideal AODD pump is always rented out to some other company. Therefore, you have to arrange all of the tasks around the availability of the AODD pump. It becomes counterproductive in most cases. Therefore, it is better to avoid this bottleneck problem by owning an air-operated double diaphragm pump.

Conclusion: Buy or Rent AODD pumps?

In Conclusion, it is better to buy air-operated double diaphragm pumps instead of renting because owning an AODD pump has more benefits than renting. In short, if you own an AODD pump instead of renting then your financial balance sheet will become strong due to an increase in assets instead of expenses. Furthermore, owning an AODD pump will be a permanent solution that will be readily available to be used in time-sensitive situations or emergencies without the high cost of renting. Moreover, your own AODD pump means a customized solution that is perfect for you every time. Above all, owning an AODD pump is the best long-term investment in terms of equipment. However, if you want to rent an AODD pump then feel free to contact Air Industrial Works for guidance.