Delgado Grounds · for Rosa and Ben · before the November sale

Keep renting the loader below 8 hours a week

$799a year cheaper to rent, at our 6 hours a week

Loader hours a week 6 hrs

Yearly cost over a 32-week season. Renting climbs in steps because it is billed by the half day or full day.

Owning costs $8,415 a year before it moves

Plus $7 of wear per engine hour, or $224 a season for each weekly hour. Fuel costs the same either way and is left out.

Renting costs nothing in a week we skip it

$190 a half day, up to 4 hours, delivered
$280 a full day, up to 8 hours, delivered

Last season: 32 full-day rentals, 6 engine hours a week on average.

How the $799 was worked out

Rent: 32 weeks × $280 = $8,960
Own: $4,500 + $1,815 + $2,100 + 32 × 6 × $7 = $9,759
Difference: $9,759 − $8,960 = $799

Owning assumes a $41,500 machine sold for $19,000 after 5 years, so the $4,500 a year is what it loses in value, and you end with cash back rather than nothing. Money tied up is charged at 6% of its average value of $30,250.