Worked examples / Buying something

Pressure washer

$300, kept eight years, used twice a year, when renting is $60 a day.

Worth it

It costs you $15.63 a use. The other way is $60.00.

Buying costs$250$300 less $50 back

Paying each time$96016 x $60.00

It pays for itself after 5 uses. You expect 16.
Buying saves you $710 over the 8 years.

Put in your own numbers

This is a worked example with illustrative figures, not data about any real person or company. Change any of them in the calculator and the answer changes with them.

How this answer was worked out

Net cost	$300 - $50 = $250
Total uses	2 x 8 = 16
Cost per use	$250 / 16 = $15.63
Uses to break even	4.17
Paying each time	$960

Every formula is written out on the formulas page.

What the calculator asks you

Price to buy it
What you could sell it for later
Years you will keep it
Times you will use it per year
Cost to rent it each time

Open the calculator

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How this answer was worked out

What the calculator asks you

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