Construction equipment rental offers many benefits and can save you money. They are perfect for short-term projects or those with no storage space for large equipment. Renting also offers the latest models of construction equipment, which can be very expensive to purchase outright. What are the benefits of renting construction equipment?
1. You Can Try Before You Buy
Renting allows you to test out a piece of construction equipment before you decide to purchase it. This is especially helpful if you’re not sure what kind of equipment you need or if you’re undecided between two or three different models.
2. You Can Save Money
How can renting construction equipment save money? Renting construction equipment is often much cheaper than buying it outright. In addition, you can rent for only the length of time that you need the equipment, so you’re not stuck with costly equipment that you no longer need. The cost savings can be significant, especially if you only need the equipment for a short period.
3. Get Your Hands on the Latest Models
You’re stuck with that model when you buy construction equipment until you can afford to upgrade. However, when you rent, you can always access the latest and most incredible models — a significant advantage if you use cutting-edge equipment for your project.
4. Low Maintenance and Repair Cost
The rental company is responsible for maintaining and repairing construction equipment when you rent construction equipment. You won’t have to worry about keeping the equipment in good working order. Time and labor cost savings can be significant, especially if renting multiple pieces of equipment.
5. Avoid Storage Costs
If you own construction equipment, you’ll need to find a place to store it when you’re not using it. This can be costly, especially if you don’t have a lot of extra space. However, when you rent, you can return the equipment to the rental company when you’re done with it, so you don’t have to worry about storing it.
6. Shielding From Market Fluctuation
Renting construction equipment can also help shield you from market fluctuations. For example, if steel prices drop suddenly, the cost of new construction equipment will also decrease. However, you’ll be stuck with the higher cost if you’ve already purchased your equipment. On the other hand, if you’re renting, you can return the equipment when the prices drop and lease new equipment at a lower cost. This can save you a lot of money in the long run.
Conclusion
Before renting construction equipment, be sure to do your research and choose a reputable rental company. Be sure to compare prices and terms to get the best deal possible. And always make sure that you understand the terms of your rental agreement before signing anything.
Renting construction equipment is a great way to save money and access the latest models. East County Rentals, Inc. offers competitive prices and a wide selection of construction equipment for rent. We also provide maintenance and repairs, so you can rest assured that your equipment will be in good working order. Contact us today to learn more about our rental option.