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Wednesday, September 25, 2013

Advantages And Disadvantages Of Renting Construction Equipment

By Halisse Enmma


Of renting equipment you need for construction or renovation projects is easy. There are a lot of companies these days that offer construction equipment rentals so you're not going to have difficulty finding a company to rent bulldozers or a dump trucks from. There are of course pros and cons of renting construction equipment from these companies. Taking a look at these pros and cons can help you make up your mind what to do.

First among the advantages of renting equipment is affordability. Since you only pay for the number of days or weeks or months the equipment is needed on your site, this allows you to set a budget accordingly. This means you need to be sure exactly how long you need the equipment for prior to searching for them.

When you rent construction equipment, there is no need to spend a lot of money on repairs and maintenance and this is another advantage. Should the dump truck currently on your building site requires maintenance work or repair, the rental companies would send in mechanics and technicians to fix the problem or even send a replacement truck to avoid further delays.

This helps you save thousands of dollars while making sure you will and up are renting reliable equipment. While there is no denying the advantages of renting equipment, it is equally important to take a look at the disadvantages of this type of arrangement before you make a final decision to rent anything. Among these disadvantages is the fact is that it is not practical to rent any equipment you will use long term.

Always keep in mind the general rule of thumb when it comes to renting construction equipment: you should never rent anything that you will use more than 60% of the time. If you have any equipment you will use beyond this percentage, it would be a good idea to check out leasing options instead. This can help you get all the equipment needed without going over what you are comfortable spending.

You also need to visit their site to know more about the rental companies you plan working with. You have to carefully gather information about the length of time these rental companies have been around and what their previous customers have to say about the quality of the services they offer. You need to take your time studying all of your available options before you make a final decision as to which company you would rent equipment from. This way, you guarantee the safety of your workers and protect your entire building project.




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