Decision tools
Decide with numbers, not hunches
Three free calculators to invest with a cool head: when buying pays off, what each hour really costs you and what your monthly payment would be.
Rent vs. Buy
Should you rent or buy?
Move the sliders and we'll show you the break-even in months for your project.
$80,000
$4,500
12 months
55% · $44,000
Compares the cost of renting against the depreciation of buying (price − resale). Owning also adds maintenance, but leaves you an asset. Reference estimate.
Recommendation
BUYING wins
For 12 months, buying saves you $18,000 vs. renting.
- Rent 12 months
- $54,000
- Cost of buying (depreciation)
- $36,000
- Break-even
- 8 months
If you use it more than 8 months, buying pays off.
Cost per hour
What does each working hour cost?
Depreciation, fuel and maintenance: the real cost of operating your equipment.
$80,000
10,000 h
160 h
$12.00
$8.00
A timely part and preventive maintenance lower the real cost per hour. Reference estimate.
Total cost per hour
$28.00
- Depreciation / hour
- $8.00
- Fuel / hour
- $12.00
- Maintenance / hour
- $8.00
- Estimated monthly cost
- $4,480