Every fleet has a tipping point. Compare the long-term costs of rental against the benefits of ownership to find the smartest move for your business.
Deciding whether to rent or purchase an access platform is a milestone decision for any growing business. There is no “one size fits all” answer: the right choice depends on your current project volume, financial structure, and long-term scaling plans. Understanding the trade-offs between the flexibility of hire and the equity of ownership is the first step toward a more efficient fleet.
The choice between hiring and buying a cherry picker depends on your annual utilization rate, operational requirements, and financial goals. Generally, hiring is the best option for businesses with fluctuating demand or short-term projects where capital preservation is a priority. Purchasing is typically the more cost-effective choice for high-utilization fleets, as it allows you to build asset equity, claim tax benefits, and use a real-time cost comparison to determine exactly when a purchase starts paying for itself.
When you choose to purchase, you aren’t just buying a machine: you are joining the Klubb Group family. Ownership comes with immediate “Member Perks” designed to lower your maintenance costs from day one.
Deciding between hire and purchase is not about finding a universal right answer. It is about identifying the specific strategy that aligns with your current growth stage. If your project volume is fluctuating or capital preservation is your primary goal, the flexibility of hire is a powerful tool. However, if you are looking to build company equity, regain total control over your schedule, and eliminate recurring rental fees, ownership is the logical next step.
The “tipping point” is different for every business. Once you understand your utilization and the long-term value of a bespoke asset, the choice between an expense and an investment becomes clear.
The most cost-effective choice depends entirely on your annual utilization rate. Hiring is typically cheaper for short-term projects or businesses that only require access platforms a few times a year. However, if your equipment is in use for more than 100 to 120 days per year, the cumulative cost of rental usually exceeds the monthly finance and maintenance costs of ownership.
Check out our TCO Calculator to work out your potential savings!
Unlike rental payments which are treated as a standard operational expense (OPEX), purchasing a cherry picker is a capital investment (CAPEX). In the UK, businesses can often take advantage of capital allowances such as Section 130 (Full Expensing) or the Annual Investment Allowance (AIA). This allows you to deduct a significant portion, or even 100%, of the purchase price from your taxable profits in the first year.
Generally, no. Rental units are built to a "standard" specification so they can be used by a wide variety of customers. By purchasing your own vehicle-mounted platform through CPL, you can specify a bespoke build. This includes specialized tool racking, high-output power inverters, and custom safety lighting tailored to sectors like Telecoms, Utilities, orForestry.
Yes, provided it is built on a premium chassis and maintained correctly. CPL platforms are usually engineered on high-demand Isuzu, Renault or Iveco chassis, which are the gold standard for the used market. Because these assets are highly durable, they retain a high percentage of their original value, providing a strong residual credit when you are ready to upgrade your fleet.
For the vast majority of short-term maintenance, utility, and inspection tasks, a cherry picker is significantly more cost-effective than scaffolding. The primary saving comes from labor and time: scaffolding requires a professional team to spend hours (or days) on assembly and dismantling before work can even begin. In contrast, a vehicle-mounted platform is operational within minutes of arriving on-site.
Ownership through CPL grants you access to the CPL Care support ecosystem. This includes immediate benefits such as your first LOLER inspection for free and a lifetime 10% discount on all genuine spare parts.
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