The rent vs. purchase equation is discussed at length in the landscaping industry—but the conversation is most often geared towards the primary equipment platform: the skid steer, the mini ex, etc. The decision to rent or purchase attachments and other ancillary equipment shares many of the same financial considerations, and there are several factors that help a business owner determine whether it makes more sense to rent or purchase attachments.
There is no right answer that will work for every business owner. Each individual should look at factors such as cash flow, taxes, estimated utilization rates, as well as associated costs like maintenance, depreciation and resale values. Additional factors include the size of the operation and the types of jobs and applications in which the attachment will be used.