Calculate break-even point for renting vs buying tools
Our tool rental vs purchase ROI calculator helps you decide whether to rent or buy a tool based on how often you'll use it. The break-even analysis shows exactly how many uses justify the purchase price, helping you avoid both wasteful rentals and tools that collect dust.
The calculator compares total rental costs against purchase price, factors in whether daily or weekly rental rates make more sense, and estimates maintenance costs for owned tools. It also considers potential resale value, giving you a complete financial picture.
This tool is valuable for DIYers deciding on major tool purchases, contractors evaluating fleet expansion, and anyone asking "should I rent or buy a tool?" or "is it worth buying a tile saw?" Making the right choice saves money and storage space.
Follow these steps to analyze rent vs buy decisions: