Forklifts are invaluable pieces of equipment to have on a construction site or in a warehouse or other commercial facility; however, some folks don’t see the benefit of spending thousands of dollars on a piece of equipment. For them, forklift rental is an option.
Keep reading to learn more about whether you should rent or buy a forklift.
What are the benefits of renting a forklift?
We know that renting isn’t the right solution for everyone, but here are a few things to think about when considering, “Should I rent or buy a forklift?”
- Lower initial costs: Buying a new forklift will set you back a pretty penny. Don’t waste your money on that forklift—just talk to a rental professional about leasing one. With flexible terms, you can rent your forklift for as long as you need without spending a fortune on buying a new machine.
- Rental payments are tax-deductible: Tax season is here once again. If you’ve been renting a forklift throughout the year, you’re in luck—forklift rental is tax-deductible because rentals fall under an operating expense. Just be sure to talk to your accountant to make sure this applies to your business.
- No maintenance costs: Forklifts go through a ton of wear and tear throughout the years, which is why they require quite a bit of general maintenance to continue working their best. Since you might need to hire someone to perform it, forklift maintenance can be expensive. Avoid that maintenance by renting a forklift. Reputable rental companies do all of the maintenance for you to ensure you get a well-running machine.
- Always have a new model: Like cars, new forklift models come out all the time. If you’re a business owner who wants the latest and greatest in technology, you may be tempted to upgrade your forklift to a new model every few years. Unfortunately, that can get pricey. Instead of paying for a new model, lease one from a reputable forklift rental company.
- Test different models: If you’re interested in getting behind the wheel and learning more about the different models mentioned above, then consider renting a forklift. You can test out as many models as you like to see which one is the best fit for your company’s needs.
- No storage concerns: You can’t just leave your forklift out in the open after everyone heads home from the day—you need to find a storage spot for it. The only problem is that finding a storage area is sometimes easier said than done. If you don’t have a ton of space to keep a forklift, just rent one and return it at the end of the day.
Rent your gear from East County Rentals, Inc.
Now that you know what the benefits of renting a forklift are, it’s time to get out and rent yours. For the best deals on the highest-quality forklift rentals, look no further than East County Rentals, Inc. Contact us today to get a quote or to learn more about our inventory.