Is It Better To Rent Construction Equipment or Buy it?

Ultimately, the decision lies in how you run your business. Consider the following when deciding to rent or buy: the type of jobs you do, the size of your company, etc. In some circumstances, it might be better for a company to rent than purchase equipment.

Advantages To Renting Your Construction Machinery Fleet

Are you still weighing whether to rent or buy your construction equipment? We’ve compiled a list of advantages showing when and why it might be better to rent your construction equipment rather than buy it outright.

1) Lower Upfront Costs Associated With Machine Purchases

You want a heavy piece of equipment, not heavy upfront costs. Enjoy making money before spending it with different rental term payment plan options. No loan cost, down payments, or burden of financial utilization.

2) Simple Job Budget Allocation

Renting your equipment for a job makes estimating and allocating costs easy. You will have direct costs for your construction equipment for every job.

3) Renting Equipment Allows You To Have The Right Equipment For Every Job

Don’t sacrifice efficiency or production because you are forced to use the wrong equipment. When you rent, you can have the exact machine you need for every job.

4) Renting Can Help Reduce Storage Fees

Save on storage fees from equipment that is rarely used and sits idle for extended periods.

5) Try Out Construction Equipment Before Buying It

Are you on the fence about buying a new piece of equipment? Rental is the perfect option to use the equipment in your specific application before committing to a new equipment purchase.

6) No Seller’s Anxiety

With a turbulent market, selling a piece of equipment can be nerve-wracking. Avoid having to worry about depreciation, maintenance records, proper paperwork, and the condition of your machine.

7) Equipment Flexibility

You can expand or contract your fleet with rental equipment. This flexibility can allow you to take on bigger jobs. You also have access to specialty equipment you might never use again. You can rent the necessary equipment for your desired jobs with just one phone call.

8) Coverage During Emergencies

Hurricanes, fires, extended power outages, floods, or down equipment… Emergencies happen, and waiting for a piece of equipment can turn a crisis into financial devastation. By renting, you can access the equipment you need, giving you the quickest response to any emergency.

9) Lower maintenance cost

Renting equipment can help you avoid things like hiring technicians and keeping up with maintenance schedules. Make your maintenance headaches go away by renting your equipment fleet.

10) Access to Expert Advice

When you rent with the Mustang Cat Rental Store, you’ll have access to industry experts that will help you find the best machine for the job.

Ready To Get Started With Your Equipment Rental?

Ready to get started with your next construction equipment rental? Call, Click, or come in today and see how Mustang can help your business. If you would like to get a hold of a representative, you can call 833.363.7368.