It’s generally true that you have two options—you pay a big capital cost for a chunk of capacity which is available to you whenever you need it, or you pay operational costs for renting as you go. This applies to guest rooms, cars, and computers.
The maxims aren’t very good. “Don’t pay for something you don’t use” is weak advice, because sometimes it’s cheaper long-term to pay for unused capacity than it is to pay for usage when you need it. And this all gets muddled to hell as soon as you factor in the opportunity costs. Each option has a different amount of risk.
“You’re paying for 5% usage, 100% of the time” is just not a solid foundation for making these decisions.