Why You Should Consider Top Company Equipment Rentals
Whether you are a DIY house builder or a professional contractor, at some point, at some point, you will need highly specific equipment pieces designed for specialized tasks in order to accomplish your project. While buying the equipment to own might be a tempting proposition, it is not always the best idea due to several factors, mainly financial and practical.
From a financial perspective, by purchasing the equipment, you will only overinflate your final budget. From a practical aspect, after the project is finished, you will have to pay for the storage and maintenance of said equipment. Regardless of how you finally decide to approach the situation, here is why you should consider top company equipment rentals.
The first and most obvious reason for renting equipment instead of buying it is that you will save a lot of money on the long run. Even if you are not a professional contractor, you are probably aware of the fact that the costs of buying the necessary equipment go beyond the initial transaction.
Even if purchased for personal use only, with no business depending on them being fully operational, nobody would let their pricey investments rot away in a forgotten storage. Therefore, renting the equipment will spare you from spending high amounts of money on maintenance and subsequent repairs.
Furthermore, there is also the issue of equipment depreciation. Nowadays, due to technological advancements, accelerated growth of the construction market, increased efficiency and lower production costs, the rate at which equipment becomes obsolete is much more increased than 20 years ago. Naturally, the more outdated the equipment is, the harder it will be to sell it, preventing you from recovering your investment.
By renting the equipment pieces, you will have access to the newest models without facing any long-term commitments. You can check out specialized online resources like EquipmentRental.org to learn more about he best companies that offer equipment rental services.
Avoid Storage and Transportation Issues
Anyone who decides to purchase a new piece of equipment, whether large-scale or not, will need to think about a long-term storage solution. Large-scale equipment pieces, such as skid loaders, excavators, generators, scaffolding, shredders, and even medium-sized tools such as jackhammers, chainsaws and so on take a lot of space.
Moreover, if you do decide to purchase these tools, you might need to rent an off-site space to store them, sending you in a financial wormhole.
Transportation is another logistical conundrum that you will have to handle. Obviously, you can’t transport shredders and jackhammers with your personal car without exposing it to damages, so you will have to rent a truck capable enough of carrying the equipment in the safest conditions possible.
By renting the equipment from a top company, you will not have to worry about this aspect, as many renting services include this service into the contract. You can simply have the renting company deliver the equipment at the beginning of the workday, move it between construction sites, pick it up at the end of the day, and repeat this whole process until the construction project is completed.
Better Project Coordination and Flexibility
You are probably aware of the fact that once you purchase the equipment, you are entirely responsible for it. Still, any factory issues and malfunctions are usually covered by the warranty, but the time that it takes to solve these problems could put a hamper into your project and needlessly extend its duration.
Therefore, if anything goes wrong, you can call the same company that rented you the equipment and have them repair it in a timely fashion.
When it comes to flexibility, throughout the duration of the project, you will undoubtedly have to handle extremely specific tasks that regular tools and equipment can’t handle. Since these tools can be quite expensive and acquiring them permanently is not a very wise decision due to the reasons presented in the previous entries, renting them for a short duration is the more sensible approach.
As a side note, if you do want to eventually purchase certain equipment pieces for personal or business reasons, renting them is a good way of getting a preview of what they are capable of, how they work and how much you will have to spend on maintenance.
Whether you are a professional contractor or just a construction enthusiasts who wants to build their house from scratch ,even though there are some tools that are worth owning you will probably need more equipment that you have initially planned. Some of these equipment pieces, due to their complexity and niche nature, will be more expensive to purchase and maintain.
Moreover, there are even more additional costs to consider, such as transportation and storage, as well as the issue of the equipment becoming obsolete and harder to sell. These reasons, and many more that we did not manage to cover in this article, make renting the equipment from top companies instead of buying it more viable from both a practical and financial perspective.