The 5 Key Benefits of Renting Construction Equipment

Written by  //  December 23, 2019  //  Construction Equipment  //  Comments Off on The 5 Key Benefits of Renting Construction Equipment

construction equipment

After a long construction season, chances are you ran across some broken equipment along the way. If that’s the case, then you probably have your eyes on some new equipment. Whether you need some new water pumps or an updated excavator, the cost of purchasing can be quite intimidating—that’s where renting comes into play. Think about renting some equipment pieces to save yourself some money. Especially for those smaller projects, a rental could save your budget. If you’re on the fence about renting or buying, learn more benefits of renting construction equipment below!

Less Maintenance and Repair Fees

You know that pesky broken equipment we referred to? When you rent, you’re less likely to have to deal with the price of maintaining and repairing those items. The time and labor costs associated with maintenance and reparation of equipment is much lower, and more reasonable, when you rent. If you have any worries about maintaining a new piece of equipment for years to come, rentals take away that stress.

You Can Get Project-Specific Rentals

Probably one of the top benefits of renting construction equipment is that you can obtain project-specific equipment. For those pieces you don’t know if you’ll use more than once, renting comes in handy. Renting takes away any stress because you know that you pay for just the one use. You can get those top-quality industrial water pumps for water removal on your site, or you can get that top-notch backhoe loader, when the need arises. When you handle multiple projects at once next year, consider renting specific pieces of equipment for particular projects.

Solves Your Equipment Storage Issues

Renting equipment also solves any storage issues in the off-season. Instead of stressing to find a storage solution when that equipment is no longer in use, renting takes that struggle away. When you rent, you won’t have to pay that extra warehouse cost either.

Avoids Scary Initial Purchase Costs

Obtaining brand new construction equipment is quite pricey, and it makes a huge impact on your company’s budget. Like we mentioned, if you don’t have the budget for new equipment, then consider renting. It’s important to remember that purchasing equipment is a long-term investment that will tie you down to multiple pieces over the years. Instead of purchasing, renting equipment avoids those upfront costs of purchasing, which could save your company big in the long run.

Gets You Up-to-Date Technology

Our last tip refers to the wonders of modern technology. The rental market is a competitive place, and this spurs a lot of companies to offer top-notch machines at competitive prices. These high-quality pieces mean your jobs will get done faster and more efficiently, which is a win-win for all involved.

Hopefully this short guide to the benefits of renting construction equipment showcased how renting may offer a better option for your company than you previously thought. It may not work for every project, but for those special cases, renting can truly save you!

image credit: Pixabay

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