Five Basic Tips to Remember When Renting Heavy-Duty Equipment

When it comes to undertaking construction projects, the quality of the heavy-duty equipment used is a critical aspect. Equipment manufactured by leading construction equipment dealers are proven to give an efficient and effective result compared to lesser-known brands, however, they can also be extremely expensive.

If you really want to use well-known brands of heavy-duty equipment, but you don’t have enough finances to acquire them, you can always rent them.

Renting is currently one of the cheapest ways of utilizing pricey machinery. Instead of buying them, construction companies just rent them for a period of time until the project is completed. Besides being affordable, renting a machine has plenty of other benefits. You get spared from paying a number of expenses and you don’t have to worry anymore about setting up a storage area.

Here are five basic tips that you need to keep in mind when rent equipment:

  1. Know What You Are Getting

When it comes to deciding about crucial things, it is always imperative to weigh the pros and cons before choosing. The same should be done when you are planning on renting the equipment instead of buying it. List down the advantages and disadvantages.

The first, and probably most obvious advantage of renting, is saving money by not having to pay the entire cost of the equipment. Another advantage is not worrying anymore about conducting regular maintenance checkups. Most rental companies handle the maintenance aspects. This allows you to focus on the project and not on the machine you are utilizing.

Additionally, if a part of the equipment breaks down, you can easily return the machine to the lessor and get it replaced.

  1. Research the Rental Guidelines and Policies

Rental companies have different policies and guidelines that they follow. Before you choose the rental company, take the time to know their rules in order for you to get an idea what it will be like to rent from that outfit. And by the way, don’t just focus on the rates that the rental company is offering. Find out also about the return guidelines, maintenance and repair policies, and everything that can help you gauge whether you are getting a good deal or not.

Do not transact with a dealer without having an in-depth conversation about how they do business. It is always a good idea that you be fully aware of what you are getting into before you sign a rental contract.

  1. Consider the Length of Time You Will Need the Equipment

Renting is not always cost-effective especially if you are planning to use the equipment for long-term projects. When you are using a rented piece of equipment for a long enough period, the rent you are paying will actually creep nearer—or even exceed!—the price of the machine if you had purchased it brand-new.

Another reason why you should consider the length of time you will use the machine is due to the fact that overall cost of the rental usually relies on the time. Dealers can either charge the use of equipment per month, week, day, or hour. Knowing how you are charged can help you decide.

  1. Don’t Hesitate to Ask Questions

It never hurts to ask a question. As matter of fact, when looking for the right rental dealer, it is important that you ask questions. Among the most important questions to ask are the following:

– What are the company’s repair and maintenance policy?

– What are the after-services offered by the rental company?

– What is the average time for replacing the machine in case the one you rented breaks down?

– Who shoulders the transportation expense?

– How often does the company inspect and conduct maintenance?

If you want to get the best deal, never hesitate to the dealer a bevy of questions.

  1. Open Your Mind to Different Options

And last, but definitely not the least, always be open to different options. Most construction companies are tied to brands that they think work effectively and efficiently more than others. However, when it comes to renting, it is not always a guarantee that you will find the brand that you prefer.

Instead of planning to rent Volvo construction equipment products exclusively, or other well-known brands, be open to other brands. Focus on the specs of the machine and don’t choose based purely on the brand.

Again, do not hesitate to ask questions.

Are you ready to rent your equipment?

Backhoe for Sale Philippines: What You Need to Know

Do you need a new piece of construction equipment, a bulldozer, an excavator, or a backhoe perhaps? Do you need help in procuring heavy machinery to make sure that you get what you pay for?

Buying construction equipment is a huge investment, so it’s understandable that you’d want to be more cautious when procuring the machine that you need for your business. Taking a backhoe for sale in the Philippines at face value is simply not enough, especially if you’re not sure about the integrity of the dealer.

To make sure that your investment is not wasted on a piece of equipment that you might not even really need, consider the following questions:

Backhoe for Sale Philippines: Questions You Need to Be Asking before Buying the Equipment

  1. Is a backhoe really a necessity for your business?

If you’ve been managing your own construction business for awhile, you most likely have amassed quite an extensive fleet of heavy machinery. You need those to run a successful construction company, after all.

But before you make a decision about whether to buy a backhoe or not, you first need to determine if there is actually a need for the said equipment. If your current fleet can efficiently cover the tasks that you would normally associate with a backhoe loader, then perhaps you won’t need to purchase that particular equipment for the time being.

  1. How will you find the right make and model for your specific application?

When it comes to construction equipment, finding the right model with the right specifications will largely depend on the tasks you will be using machine for. And when it comes to backhoes, you need to consider the horsepower, bucket capacity, operating weight, and digging depth. Make sure that the specifications will meet the intended application.

  1. Should you buy a brand-new or previously owned backhoe loader?

This is probably one of the most common choices that everyone in the construction business faces when it comes to procuring equipment to add to their fleet. You need to understand though that choosing between the two may not always be as straightforward as you think. There are pros and cons that you have to consider between brand-new and used equipment.

Also, you have to realize that what works for other businesses may not necessarily work for you. A major factor that often plays a common role in the decision-making process is the financial resources of the buyer. How much can you afford? Bear in mind that brand-new equipment typically entails a hefty upfront cost. And although used equipment is cheaper, buying a poorly maintained machine could cost you more money on repairs and parts replacement later on.

  1. What kind of features and attachments will help improve your productivity to maximize your ROI?

When buying construction equipment like backhoes, you also have to consider the features as well as the attachments that should come with it. Keep in mind that while expanding your fleet may be a necessity, you need to look after your ROI or return on investment. And in order to maximize that, your productivity has to increase, which can be achieved by choosing the appropriate features and attachments that suit your application.

  1. Can you afford the cost of owning and maintaining such equipment?

Okay. So if you’re running a big construction business and you’re being contracted to do construction projects left and right, then maybe the question is irrelevant. However, if you’re a small business or a contractor who’s just starting to break ground in the industry, you should absolutely consider the costs that come with owning such equipment.

In some cases, small construction businesses and private contractors will often rent the equipment they need for the project rather than buy them. So you have to choose between renting and buying as well.

Additional Tips When Buying Construction Equipment

After you’ve considered the above mentioned questions and you still find yourself wanting to buy a backhoe loader for your business, here are a few tips that can help you find the right construction equipment dealer:

  • Don’t focus on one dealership. Expand your options by talking to a number of dealers and sellers in your area. Get the best deal possible.

  • Ask the right questions. When talking to a dealer or a private seller, make sure to ask the right questions. If you’re buying used equipment, ask why the previous owner decided to sell. If you’re buying brand-new, ask the dealer about the maintenance services they offer, operator training, and so on.

  • Perform some online research before buying. Before you visit a dealership, it’s important that you have all the necessary information about the equipment you want to buy.