Rental Decision Point™
A proprietary EquipmentWatch metric that answers the key equipment manager question: for any given project, should I used an owned asset or a rented asset?
To see this calculated: Rental Decision Point™: Compact Track Loaders
Combines asset ownership and operating hourly rates with retail rental hourly rates against a spectrum of asset utilization to visualize the exact point in utilization (meter reads per year) that an equipment manager should shift from using an owned asset to a rented asset, and vice versa.
The Rental Decision Point™ can be easily calculated using data points from EquipmentWatch, available in the Estimator and Equipment Manager packages.
