Should I Rent Or Buy My Heavy Equipment?

By Halisse Enmma


The construction industry is very vast and complicated. For any job, you will need various tools and a number of pieces of heavy equipment, and no two jobs are exactly the same. Because of this, a construction company often has to turn to rental for their heavy equipment.

Indeed, if a company only uses certain types of equipment irregularly, purchasing them would be a terrible financial decisions, particularly considering their prices. Luckily, there are various rental companies out there that are able to assist with this. But what kind of equipment can construction companies choose from? Although the actual list of construction equipment is very long indeed, there are a few pieces that seem to be particularly popular.

Generally, the equipment is divided in a few easy to search categories. Some of the commonly found categories of equipment include concrete & masonry equipment, safety equipment and general equipment. However, when you visit Hertz Equip, you can see the full list of equipment that are available. Naturally, there is also always somebody available to assist you in choosing which equipment you need.

So why should you choose to rent instead of buy? The first reason is that you only have to pay for a machine when you are actually using it. Furthermore, you have to consider the fact that you won't incur any of the standing costs of owning equipment. When you rent, you don't have to take out insurance, pay for the tax and service, repair and maintain the equipment.

It is for this very reason that owning equipment is classed as a liability, when renting it is classed as an asset on your books. Only if you use the equipment so often that it becomes cheaper to buy one outright rather than rent one should you consider not renting. You will be happy to know that a good company like Hertz Equip offers you the opportunity to buy as well as rent.

Naturally, you should only work with reputable companies when you want to rent equipment. Hertz is very well-known across the world for their rental provisions of both regular cars and construction equipment. You must make sure that you spend your money on quality, since the successful completion of your construction job actually depends on it. Hertz has a reputation of excellence to maintain, which is the best guarantee you will be able to get.




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