Heavy Equipment Rental Companies

Whether you are a small-scale, independent operator or an infrastructure company looking to expand your business, heavy equipment rentals are a cost-effective way to provide employees with greater access to job sites, workers with more equipment at their disposal, and customers with faster service.

Greater reach and easier access mean that rental equipment is the path of least resistance for many businesses. Renting heavy equipment from trusted Heavy Equipment Rental Companies also makes sense if you’re just getting started in the business or want to invest in your fleet without taking on too much risk.

It reduces your exposure should the market downturn cause demand for heavy equipment services to fall – and it protects against unforeseen maintenance problems and wears and tear from using too much machinery at once. If you’re ready to explore the benefits of renting rather than buying heavy equipment, keep reading for everything you need to know!

What is the difference between buying and renting heavy equipment?

When it comes to heavy equipment, many people wonder which is better – buying new or renting from Heavy Equipment Rental Companies. The truth is, both can be good choices depending on your specific needs. However, when you rent heavy equipment, you are taking on fewer risks because you aren’t directly purchasing the equipment. You are financing the purchase of the equipment through a rental company and they will hold the equipment until you are ready to use it. This means that when it comes time to buy your equipment, the company will hold onto it until you are ready to use it. Renting equipment is automatically quicker and far more affordable than buying all the heavy equipment yourself!

Why rent heavy equipment instead of buying?

You can save a lot of money by renting equipment from Heavy Equipment Rental Companies instead of buying. In fact, many companies report that they save as much as 30% by using rented equipment instead of new. That means a $1,000,000 machine renting for 6 months is worth €6,000,000 compared to a $1B machine purchased and spread across a number of users. And if the market slump causes a shortage of equipment, the rental company will hold onto yours until you are ready to use it, saving you the headache and expense of repair or rental.

Heavy Equipment Rental Companies

The downside of buying heavy equipment?

You are generally taking on more risk. You are financing the purchase of the equipment and the likelihood is that you will be responsible for it if something goes wrong. There may also be an upfront cost involved when you buy. Rentals from trusted Heavy Equipment Rental Companies are cheaper and will save you from the fluctuations happening in the market. Thus, you will get better security and your chances of riding out of the recession will be much higher.  The cost of the equipment is expensive, to begin with, so you must also consider the price of fuel, maintenance, and depreciation on your new equipment when you are factoring these costs into your budget.

Added Costs of Buying Heavy Equipment?

Buying heavy equipment can be a big investment. But it’s not just the cost that can be a concern. Buying heavy equipment means added costs, here is how.

One of the biggest costs of buying heavy equipment is transportation expenses. This can be a serious issue if you’re trying to move it to a far place.  The cost of transporting your equipment will be higher and it will automatically be added to the buying cost.

Another huge cost of buying heavy equipment is installed. This will be a considerable expense that you must bear. You will need a specialized team for installation and pay the expenses.

Heavy Equipment Rental Companies

Is it worth it to buy heavy equipment?

It all comes back to your specific business needs and how much cash you can commit to buying equipment. If you are a small-scale, independent operator or an infrastructure company looking to expand your business, heavy equipment rentals from trusted Heavy Equipment Rental Companies are a cost-effective way to provide employees with greater access to job sites, workers with more equipment at their disposal, and customers with faster service. Renting heavy equipment will protect you against maintenance costs as well, making the overall cost of operation much more affordable.

Conclusion

Renting and buying are often pitted against each other. While some experts will choose to buy as a better option, others will tell you to go with Heavy Equipment Rental Companies. While both options have their pros and cons, renting makes more sense if you are just getting started. Not only will you get access to the best machines and equipment, but you will get to save a lot on costs. You just need a trusted partner to help you find the best equipment. Kanoo Machinery is among the best Heavy Equipment Rental Companies in Dubai. Have a look at our website to find the equipment you need and get it on rent. For more information, get in touch with our specialized team at km100.bah@kanoo.com.

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