Rent or Buy
At DenComp we believe that you should consider the options when financing your new compressor.
DenComp has established a nationwide network of distributors and engineers who will be happy to quote you for your new DenComp compressor. With this option the compressor is protected with a full 12 months parts and labour warranty, extended for a further two years on all mechanical parts.
DenComp is also happy to offer a rental plan that has the added bonus of a full maintenance package and a new replacement compressor after 5 years.
There are several benefits of rental over purchase - here are just a few..
Leasing Can Be Cheaper Than Buying. When considering the outright purchase, delivery and installation cost, service and maintenance, pressure vessel inspections, certification and ultimately disposal, renting can be financially beneficial.
Keep Up With Technology And Legislation. If legislation or technology change you have the assurance that you can easily upgrade and keep up with today's and tomorrows requirements.
A Compressor Will Depreciate. Committing funds to a depreciating asset might not be the best value for money. As an "off-book" asset the compressor won't be sitting in your accounts depreciating, and won't adversely affect your balance sheet.
Reduce Your Tax Bill. As a rental you are allowed to write off each payment as a business expense with the result that you can reduce the tax paid on your profit. Buying equipment means that you can only "write-off" a percentage of the cost.
Of course, with all of the above, we'd recommend that you make sure this is right for your practice and check with your accountant.
If you’d like us to talk to you about these options please fill out the enquiry below and we’d be happy to give you a call.