Industry’s Media Platform of Choice
Champion Your Brand in Front of Decision Makers and Extend Your Reach Get Featured in the SPOTLIGHT
March 28, 2019
Is your manufacturing unit dependent on compressed air? If so, then it’s important to keep it in working order as any downtime can lead to a significant decline in your company’s overall production. But experiencing problems with the air compressor is inevitable. Many people go for repairs since it’s the more economical option in the short term. But there comes a point in which the cost of repairs exceeds the cost of replacing the unit altogether. Keep reading to learn the different factors to consider when deciding whether to repair or replace your air compressor.
Cost should be your first consideration. The upfront cost of a brand new air compressor is higher than the cost of repairs. But you should also compare the longevity of the unit. For example, if you decide to buy an Ingersoll Rand air compressor, it may provide a lifespan of more than ten years. If you spend an amount close to purchasing a new air compressor just to repair the unit but the lifespan will only improve by three or four years, then you’d do yourself a favor by buying a new air compressor. Moreover, the new unit may be energy efficient, thus keeping more money in your pocket by saving on electricity bills. So, compare the cost of the repair and replacement and see which one will last longer.
If you don’t know the reason why the air compressor is not working and face a choice between purchasing a new one or an expensive repair, here are some of the things to consider:
Repairing the air compressor may be a cost-effective solution compared to buying a new model. Repairs are the way to go if you find yourself in the following scenarios:
It will be wise to get in touch with a professional who can check the condition of the air compressor and decide if it should be replaced or repaired. After all, there is big money involved in purchasing a new compressor. So, take time to decide.
A childhood in Kansas, college in California where she met her early mentor, Leigh Lytle spent 15 years in the Federal Reserve Banking System and is now the 1st woman President & CEO of the Equipment Leasing & Finance Association. Join us to hear about her ambition to be a great leader.