Advantages of Heavy Equipment Rentals Over Buying New Ones ...

post by Rehana A.

Generally, heavy equipment is needed for large construction projects. Even a simple and small construction project cannot do without some certain construction equipments. The problem is heavy equipments tend to be highly costly. Except some well-established and big construction companies, most of the companies do not have funds to afford these equipments. In this case, equipment rentals can be a relief to these companies.

• Generally, small and medium sized construction companies do not own heavy machineries needed for construction. However, they can use equipment rentals for this purpose. It will be cost effective for them to take rent instead of purchasing costly machineries. Depending on the type of projects, different types of machineries can be rented from these rental services.
• Many construction companies are there that keep renting machineries repeatedly for ongoing projects. In that case, buying instead of equipment rentals may appear to be a feasible option. However, the companies must calculate the cost of rent versus the cost of purchase and maintenance. They should go for the one that seems less expensive.
• Equipment rentals are free from some drawbacks related to purchase equipments. For Example, purchased machinery demand extra cost for maintenance and storage. Companies need to manage a storage space for the tools that are not in use. Equipment rentals are free from such extra cost.
• Renting machinery save the companies from the cost of servicing. If any machine gets damaged, the company just need to call the rental providers. They will take care of the damaged machine. So, equipment rentals save the company from the repair cost that is not possible in case of purchased tools.
• Different types of equipment have different rental rates. Some light machines and tools, such as forklifts or bobcats can be obtained at low cost but high-definition machines, like excavators or dump trucks demand high rental pay. Companies need to pay more than thousands of dollars per month for heavy equipment rentals. However, this is less expensive than buying new heavy machines.
• The cost of equipment rentals also depend on the duration of rental period. Companies generally pay on a daily or monthly basis. Normally, the over-all rental cost does not exceed the cost of buying new machineries. So, even if companies need to rent machines for a long period, they can do that without spending more than purchase cost.

So, the owners of construction companies must prefer equipment rentals to buying new tools as taking the machines in rent saves a lot of their expense.

This entry was posted in Equipment Rentals and tagged construction, equipment rentals, farming, heavy equipment, industrial equipment, landscaping by home9958. Bookmark the permalink.

Source: http://homeimprovement-pro.com/advantages-of-heavy-equipment-rentals-over-buying-new-ones

rita hayworth rita hayworth lakers rumors alfa romeo giulietta alfa romeo giulietta xbox update xbox update