1,000 hours?
Rick, that's just the first VALVE INSPECTION interval!
Second, let's look at this, shall we? Let's assume that we only get 3.0cfm of "real" output ('cause we have to drain condensate, there is some gas lost when you bleed down lines, and besides, I'm conservative.)
Ok, so what IS 1,000 hours?
Its 1000 X 60 X 3, or 180,000 cubic feet of gas, which happens to be EIGHTEEN HUNDRED HP100 tanks.
I "pay" for the ENTIRE system, in saved costs, in FIVE hundred tanks. How do I figure this? I allocate all $7.50 of the difference between my "do it yourself" and "buy the fill" cost to the hardware account. Why wouldn't I? If I didn't buy the compressor I'd be giving someone else that money.
When is the compressor "worn out"? To what degree? Where I need to replace valves or rings? Those aren't expensive, and I can strip one of these things in about a half-hour to the bare block. They are NOT complicated or difficult to work on. Where I need to scrap the BLOCK? That's expensive, but is it realistic in 1,000 hours? No. In 2,000 hours? No. In 5,000 hours? Maybe. But by then I'll have filled something on the order of 8,000 tanks, and frankly, I don't think I'll give a good damn whether the compressor needs replacement or not! Hell, if I have to replace rings and valves every 1000 hours it is, in the grand scheme of things, inconsequential in terms of "cost per hour"; those things are NOT expensive.
What is my time worth? Exactly the same as its worth to get in the car, drive to the shop, and sit there while they fill my tanks. I can fill them myself in less time than I can do the above. So in terms of time, its a net WIN to own my own unit. It takes me about an hour to drive to the shop and back, and about a half-hour for them to do the job.
I can fill three tanks and top my pony bottle in about that much time, so on a "time" basis its a wash.