Renting equipment can be a great way to save money on your construction project. Not only does it allow you to get access to equipment that might not otherwise be available, but as an added bonus: some equipment is even more affordable when rented than it would be if purchased outright! In this article we’ll
Renting equipment can be a great way to save money on your construction project. Not only does it allow you to get access to equipment that might not otherwise be available, but as an added bonus: some equipment is even more affordable when rented than it would be if purchased outright!
In this article we’ll discuss five ways renting equipment saves contractors money.
1. Renting equipment is more affordable than owning it
Renting equipment is a great way to save money because it’s cheaper than purchasing the items.
For example, a skid steer rental for the day costs about $125 and you must fill up its gas tank with approximately 10 gallons of fuel costing around $10 more than it would if another person owned their machine.
A new study has revealed that renting out machinery can be up to three times more affordable than owning your own business’ products, being able to purchase and maintain them from their respective companies over time.
2. You don’t have to worry about maintenance costs and where you store rented tools
You won’t have to worry about cost, space, or upkeep while renting your tools because the rental company will take care of it all.
The versatility and convenience that come with borrowing a tool is something you’ll never find in owning one outright.
The equipment can be used in any environment and for a variety of tasks, which allows you to make the best use out of your time.
Borrowing equipment also provides workers with access to equipment that they may not otherwise have on their site at the moment or need equipment only available from another location.
3. Contractors are able to try new tools without investing in them upfront
Contractors are less risk-averse when collaborating with other companies to try new tools, without investing in them upfront.
You can try equipment without committing to buying it. For example, you could test out a heavy-duty excavator for two weeks before deciding if the purchase is right for your business and budget. This way you know what tools are needed or not just by renting them first!
4. Rental companies offer flexible terms and conditions – you’re not locked into anything with them
Construction Equipment Rental companies, like Allwell Hire, offer flexible rental terms that allow for a no-commitment experience.
You can sign up at any time and stop or renew the contract if you choose, without having to worry about long contracts locking you in. Not only can you rent the machines, but they will also deliver them for free and pick them up when it’s time!
The equipment rental company will also provide insurance on the equipment so you don’t have to worry about that too. All this is available at a competitive price, with flexible terms and conditions – it’s like getting your equipment “rented” from yourself!
5. Rental companies often offer discounts and special offers to help save contractors even more money
Even contractors can’t resist the temptation of a good bargain! In addition to all sorts of other discounts, rental companies often offer their own promotions and special offers.
In today’s competitive marketplace it is more important than ever for businesses to find ways to attract and retain customers who are increasingly aware that there are always better deals around the corner waiting on them if they look hard enough.
One way this has been accomplished in recent years is through offering discounted rates or incentives such as cashback guarantees which not only helps save money but also lets renters know exactly what they’ll be getting before any contracts have been signed off on – saving both parties time and headaches down the line should anything go wrong with rentals afterward.
Bonus. When the project is done, rental companies take care of all the logistics involved in returning rented items to their warehouses or other locations
Renters can enjoy their time without having to worry about the logistics of getting items back.
If you need a place for your belongings, there are many rental companies that will take care of all the logistics involved in returning rented items to their warehouses or other locations – this is especially convenient if you’re spending some time away from home and don’t want any hassle when it’s time to go back.
When you’re on a tight budget, renting is the way to go. If you’re looking to save on construction costs but don’t want to invest in a piece of equipment that will only be used for one project, then renting may be the answer.
Besides saving upfront, rental companies often offer discounts and special offers that can help contractors save even more. Contact Allwell Hire today if you need any kind of heavy machinery or mini loader service for your construction projects. You’ll get your money’s worth without breaking the bank!
Address: 109 Scanlan Road, Mitchelton
Phone: 07 3355 5411