Equipment Rent vs Buying Calculator
See whether financing machinery you currently rent could reduce net cash cost over the same period.
- Free to use with no signup
- No impact on your credit score
- Clear estimates you can adjust
Reviewed by Corey Marino Founder & Finance Broker, FBAA member M-354085 · Diploma-qualified finance broker
Last reviewed 18 August 2026 · About Corey →
Interactive calculator
Capped at 50% and payable at the end.
Maintenance, insurance or storage not already paid while renting.
Estimated saving from buying
$0
- Rent over comparison term
- $0
- Net estimated cost to buy
- $0
- Estimated monthly loan repayment
- $0
This is a cash-cost comparison. It does not calculate tax deductions, GST credits, depreciation, downtime or the operational value of owning the equipment.
Important information
General estimate only. It is a cash-cost comparison, not accounting, tax, legal or financial advice. Confirm commercial assumptions with your accountant and advisers.
Detailed assumptions and limitations
- The rental and ownership comparison use the same period as the entered loan term.
- Buying cost includes deposit, principal-and-interest repayments, balloon and entered ownership costs, less entered resale value.
- The balloon is capped at 50% of the amount financed and remains payable at the end.
- GST, tax deductions, depreciation, repairs, downtime, rent increases and finance fees are excluded unless reflected in your inputs.
FAQ
Should the business keep renting or buy?
Compare cash cost first, then assess flexibility, uptime and tax treatment.
It compares rent paid over the chosen period with deposit, loan repayments, balloon and ownership costs, less the estimated resale value.
Unlike rented equipment, an owned asset may retain value. The estimate prevents the comparison treating ownership as having no value at the end.
No. Those depend on your business and structure. Ask your accountant to assess tax, GST and depreciation separately.
Not necessarily. Rental flexibility, servicing, uptime, replacement cycles and the risk of obsolescence may matter as much as cash cost.
Explore equipment finance, machinery finance and the chattel mortgage guide.