Let’s face it, owning every piece of equipment you might ever need is an impractical and unrealistic expectation. No matter how much equipment you own, sooner or later a task will pop up that will require something you don’t have. Renting equipment has many advantages over ownership. Let’s take a look.
Cost Of Use – Don’t pay for equipment when you don’t need it. When you rent equipment your cost of use stops when you are finished with your job. When the job is complete, simply return the equipment to the rental company. No worries about ongoing ownership costs or where to store the equipment,
Low Initial Cost
No Maintenance Cost
Only pay for the equipment when you actually need it.
High Initial Cost
Variable Maintenance Cost
Equipment cost is constant whether it’s being used or not
Another scenario would be using a forklift you might own to lift workers. A definite no-no. Remember forklifts are designed to lift material – not people.
Renting equipment allows you to specify the exact type and size of equipment you need and perform your work safer and more efficiently.