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:
- 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.
- 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.
- 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.
- 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.
- 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?