dimanche 22 septembre 2013

When Should You Not Go With Rental Equipment?

By Halisse Enmma


For most contractors/builders, acquiring the needed construction equipment is often the biggest challenge of any project especially considering today's economic difficulties; it's rare indeed to hear a client saying: "money is no object". This also means they usually look for more practical ways to get all the equipment needed. This is why many rental equipment services today have become very much in demand since these establishments enable contractors to rent equipment for days, weeks or months at a time.

In addition, there are many rental companies these days so finding the equipment you need is not really that much of a difficulty. However, there are others that are not really very enamored with the idea of renting equipment. If so, when is renting construction equipment not a practical solution?

Among the advantages of construction equipment rentals is you only pay for the number of days or weeks or months the equipment stays on your building site. Meaning, you can get the equipment you need without going over what you are allowed to spend. Logistics is not a problem too since the rental company can and will arrange for the equipment to be transported to and from your building site.

It's also possible to pay for your generator rental for days, weeks or months depending on your budget and needs. You need to understand however, that when it comes to renting equipment, it would cost you a fortune on rental fees if you were to rent let's say a dump truck or ten on a long term basis, and this is when renting becomes impractical. It is then important to determine exactly what equipment you need and how long you need it for.

Always keep in mind the general rule of thumb when renting construction equipment: you should never rent anything that you are going to use more than sixty percent of the time. You would be surprised at how much renting earth-moving equipment for six months to a year will cost you. If you need construction equipment on a long term basis, it is advisable to look at their site so you can check out leasing or lease to own options that are available.

Make sure you will discuss leasing options carefully with the dealers you plan working with so you can end up with the best deals. Compare at least a couple of dealers with each other before you decide which of them to rent or lease construction equipment from and discuss the details of the lease or rental terms with them before you decide to finalize anything.




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