Along with kit and component sales, Compass offers clients the options of rentals, leases, and lease purchases for entire kits, components, and equipment.

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Rental

Compass offers daily rentals on a 5 day minimum basis. Under this arrangement, Compass pays for all of the maintenance and normal wear and tear on the tools. Wear beyond normal would be billed back at our list price for parts damaged plus the normal Fleet Maintenance fees.

Each daily rate applies from portal to portal. This could be modified for short periods for longer term projects on a monthly lease basis.

Lease

Compass leases on both month-to-month and set monthly bases. Under this arrangement, the customer is liable for all of the maintenance and normal wear and tear on the tools. When the kit is returned at the end of the rental period, the tools will be repaired to new condition and the cost associated with the repairs will be billed to the customer.

With the Compass-specific tools, all parts would have to be sourced from Compass, if the maintenance is being done in-house. Delivery of parts, if applicable, would be timely and competitive with what you could source from an independent machine shop.

Fleet Maintenance services are available from Compass, if so desired.

Lease Purchase

Compass offers a lease purchase option for domestic customers only. First and last month’s rental payments would be due upon the delivery of the tools. If this is done, then 70% of the monthly rental payments is applied to the purchase of the tools up to a maximum of 70% of the kit value. On buyout, the outstanding balance would be due. The lease purchase price will not include the purchase of all consumable items.