Did you know renting tools is very popular for a variety of different tasks? Purchasing and renting tools are two different methods for attaining tools when you don't have the ones you need. However, renting tools provides several benefits you should take advantage of. Here are three reasons why you should consider tool rental.

1. You're Likely to Only Sporadically Use the Tool

Do you need a certain tool, but you're positive you're only going to use it a few times? If you buy the tool, then you're going to have to worry about where to store it and maintain it. That can cost money, especially if you have a big tool like a jackhammer or even a big piece of equipment like a tractor. Let other people handle storage and maintenance. You'll get the most out of the tool and then be able to give it back.

2. You Won't Have to Transport Things Back and Forth

You don't want to have to fork out a lot of money to move things from place to place. Instead, you can pay the rental company to bring the equipment to you and then take it back when you're finished. That's a lot less worry and money spent on your part. That could also eat into your budget. According to Statista, in 2022, more than 60% of survey respondents agreed their primary reason for renting equipment is the flexibility of being able to return it.

3. You Can Bill the Rental to Your Job

A lot of businesses wouldn't mind paying for an expense report for tool rental. They're likely to be a lot less amenable to paying for you to buy and own the tools unless you use them a lot and it's integral to the work that they do. Otherwise, they would probably encourage you to go the rental route or flat-out refuse to pay the full amount of your purchase.

People rent or lease plenty of things, including cars and trucks. So why not rent these tools? It's going to save you from possibly cluttering up your space and also save you a good amount of money in the long run. Take a look at the tool rental companies in your area and see what kinds of rates they offer. Are you interested in learning more about tool rental? Contact Nuts About Bolts today!