These days, there are more and more contractors who recognize the benefits of renting equipment instead of buying it. Part of this stems from cost concerns: power equipment rental can, on average, be cheaper than owning tools and heavy machinery. Another part is the maintenance aspect because heavy equipment repair can be costly and time-consuming.
How does owning stack up to using construction equipment rental companies to supply your machinery? Let’s take a look at the pros and cons of each.
Owning Your Heavy Equipment
One advantage of owning construction equipment is that you will always have it at your disposal. However, that’s only true if these parts don’t need to be sent out for heavy equipment repair. Once you own something, you’ve spent money on it — and you’ll be responsible for maintaining it, too.
For smaller businesses, this can be a considerable disadvantage. Start-ups often don’t have the money to buy all those tools. And some tools might not even be used frequently: something like a floor removal machine could only be used once or twice. This means that using a floor removal machine rental could be a better choice.
Renting Your Construction Equipment
Whether you already own your own tools or not, having to get heavy equipment repairs on short notice can take away considerable time from a project. When you rent, you aren’t liable for those repairs, and you can have items delivered right to your job site to get started right away.
This has an added advantage over buying because you won’t have to worry about spending time on purchasing equipment. For example, if you need to rent scissor lifts for a project, you’ll be able to get them right when you need them without having to track down your own to purchase. This can save a lot of time in the hunt for quality construction equipment.
Have you considered using a rental service? Tell us about your preference in the comments section! Learn more: www.birents.com