Every business faces the same question at some point: Should you hire equipment, or invest in owning it outright? There’s no one-size-fits-all answer – it depends on how you operate, how often you use the machinery, and how you want to manage your cash flow.
Why Hire?
Hiring offers flexibility and is perfect for short-term jobs, seasonal demand, or testing machinery, before making a permanent investment. Renting equipment gives you the assurance that your equipment is maintained and meets safety standards, helping you avoid surprise repair costs and compliance headaches.
Hiring also makes budgeting easier. Instead of tying up large amounts of capital, you can spread the costs over time, keeping cash free for other parts of the business.
If your needs change, you’re not locked in, and Packserv can help you transition to a rent-to-buy option or ownership at a later stage.
Why Buy?
Buying machinery makes sense when equipment is integral to your daily operations. If your production line depends on it, ownership may work out to be more cost-effective in the long run. Ownership may also bring tax advantages, such as capital asset deductions.
With Packserv, you can trade in machinery later for credit towards new models as your business grows, and equipment can be refurbished to increase its lifespan.
Striking the Balance
Think of it as a trade-off between flexibility and commitment. Hiring spreads costs over time and avoids a large upfront outlay, but at the same time, you won’t gain asset depreciation benefits. Buying requires more capital upfront, though it can deliver better returns if the equipment is in constant use and retains its resale value. Ultimately, the best choice must align with your business goals, usage patterns and cash flow.
The good news?
Whether you rent, buy or start with renting and move to ownership later, Packserv can help provide a solution to support your business now and into the future.
Tracking our circular economy contribution
Packserv’s rental offering is integral to our Buy-for-Life program. This program is a practical approach to reducing waste and extending the working life of equipment. With modular design built into every machine, parts can be replaced, upgraded, or reused, so that equipment stays in service and out of landfill. To date, we have never decommissioned or scrapped one of our Australian-made assets.
Over 560 maintenance events are performed annually to ensure that equipment is kept in good condition. We also have waste reclamation at each stage of the manufacturing and production process.
For example, in the last year, more than 3.1 tonnes of metals have been recovered and recycled. This includes:
We design with both reuse and longevity in mind. As well as being good for the environment, we are able to support you with machinery that is upgradable and backed by local parts and service.
This circular approach isn’t just good for the planet, it’s good for our clients too. You benefit from machinery that’s reliable, upgradeable, and supported by local parts and service. With Packserv, buying a filler, capper, or labeller isn’t a one-off purchase; it’s a long-term partnership.