By Kevin Malone
Spray foam contractors who need dependable spray foam equipment have two options: to rent or buy. Each choice has its benefits and costs. We will weigh the expenses vs. convenience factors and guide you through the decision to buy vs. rent.
The pros at Intech Equipment and Supply recommend that serious contractors own their equipment. If you plan to use SPF equipment frequently, you cannot beat the cost of ownership in terms of daily operational costs and freedom of use. Find all the best spray foam equipment to boost your business at our online store today.
Cost of Renting Spray Foam Equipment
Rental spray foam equipment is often marketed toward competent DIY homeowners who are looking to save a buck on professional help. When you look online for rental spray foam machines, you will typically find flat rates based on your location and usage hours. For instance, it typically costs around $850.00 per day for nine hours of equipment time and the initial help of a certified technician.
Extra time usually costs $175.00 per hour. The cost of the spray foam materials also must be added to the equation. When you get materials sourced from the rental company, it can cost as much as $2,500 for a 100-gallon set or $800 for 30 gallons. The amount you need depends on the scale of the project. If you have materials of your own, it can help offset some costs. Overall, renting a spray foam machine for one day can easily cost $1,800 to $3,500. This does not include any incidentals, extra fuel mileage costs, or fees that could be included in the total bill.
Purchasing used or new spray foam equipment is often the better choice if you use the equipment frequently.
Cost of Owning Spray Foam Equipment
The upfront cost of owning a spray foam machine is larger than renting. However, it is a one-time major expense followed by much less costly upkeep and maintenance. The best part about it is that you do not have just a day or two with it, but you can keep it as long as it works. When you buy spray foam equipment from companies like Graco, PMC, and Carlisle, which have a high cost-per-lifetime value, the daily cost of operation is affordable.
For instance, the Graco Reactor E-20 package, which includes an E-20 machine and Fusion AP gun, costs around $25,270.00. According to Graco, the average lifespan of an electric machine is between seven and 10 years. Hydraulic machines last even longer ? between 10 and 12 years. Since spray foam machines are among the highest upfront costs of a rig, the long life of a quality product can greatly reduce its daily operation cost.
If your spray foam machine lasts for 10 years, that is a cost of $2,527 per year for the most essential equipment package (spray foam machine, hose, and gun). If you operate the machinery every day for five days a week, it only costs $126.35 per day. The costs go down even further if you also work on a Saturday. The additional costs of a generator, air compressor, materials, and vehicle should also be figured into the equation. When you consider the long game, the monthly cost of ownership is less than renting a spray foam rig for just nine hours.
Owning Equipment
Based on just costs alone, owning spray foam equipment gives a contractor an edge. But the most important advantage is the freedom that owning a spray rig offers. When you have your own equipment, you can schedule jobs anytime you want. You can also travel any distance without figuring in additional costs. This expands your earning potential significantly.
However, to fully take advantage of the benefits of owning spray foam equipment, operators must be fully educated in the proper storage, maintenance, and operation of the equipment that they buy. This is why at Intech, we offer training courses, a plethora of product manuals, and have experts on staff who are ready to answer your questions. With this kind of support, contractors can learn the best practices of equipment operation and maintenance, make informed decisions about equipment purchases, and be able to find the correct replacement parts for their equipment.
Spray Foam Equipment for Sale at Intech Equipment and Supply
Intech Equipment and Supply offers the latest spray foam equipment, training, and comprehensive customer support. If you are interested in buying a new spray foam machine, speak with our sales team today. Also, take advantage of our convenient financing options. For more information, check out our financing calculator.
Contact us. Our team is ready to meet your unique equipment and accessory needs.
About Kevin Malone
Kevin Malone is a leading expert in the spray foam insulation industry with 34 years of experience in spray foam fluid handling and a passion for innovation. He currently offers his extensive knowledge to Intech Equipment and Supply customers by supporting them in selecting quality spray foam equipment to optimize their business. Learn more about Kevin here.
