Advantages of Renting Heavy Equipment For Architectural Projects
Architectural projects require time and money to complete. In addition, the construction crew must have the right tools and equipment to complete the job. A contractor might choose to purchase the tools and equipment the company uses on a regular basis. However, there are advantages to renting this same equipment. What advantages come with renting heavy equipment for architectural projects?
Fleet Reduction
Many business owners find they only need certain pieces of equipment for special projects. They don’t want to invest in this equipment and deal with an increase in the company’s fleet when many machines will sit idle most of the time. Renting this equipment makes financial sense, as the owner can complete the job without adding to their overall expenses. Both the company owner and client get what they want when the owner chooses to rent heavy equipment instead of purchasing it. Choosing this option also helps to keep storage costs under control, as the rental provider stores any equipment that is not in use by a client.
Reduced Maintenance Requirements
One reason renting makes more sense, particularly when it comes to those pieces that aren’t used regularly, is maintenance costs drop. The owner won’t be responsible for maintaining the rented equipment, as that task falls on the rental provider. In addition, the contractor won’t need to worry about planned or unplanned downtime for maintenance and other tasks. They can rent the equipment around the maintenance schedule to ensure downtime does not become a concern. The contractor also doesn’t need to worry about operating hours and things of that nature. This is only one of several ways renting equipment can help to keep project costs down.
Access to the Latest Technology
When a company chooses to rent equipment rather than purchase it, they never need to worry about this equipment being outdated. The rental provider invests in the new technology because they know doing so will allow them to keep up with the competition. Clients of the rental provider are the ones who benefit because they have the latest features and capabilities without paying a fortune for them. The cost of these features and capabilities is spread across all clients. The contractor can keep clients happy and costs under control by renting rather than buying.
Trial Runs
Another benefit of renting equipment is it allows the contractor to try a piece of heavy machinery before making an investment. No contractor wants to buy equipment only to find it doesn’t meet their needs in one or more ways. By renting the equipment first, the contractor can ensure this never becomes an issue. They can try several machines to find the one that is right for their needs.
Which Option to Choose?
Purchasing equipment outright does come with benefits. A company should sit down and do a cost-benefit analysis with each piece of equipment they use to see which items should be purchased and which can be rented. By taking this step, a company can ensure they make the right decision with each piece of equipment they use.
Renting equipment is the right move in many situations. Choose a provider that can supply this equipment at affordable prices. Keep customer service in mind when choosing which provider to partner with and consider other factors, such as equipment availability. Contractors that do so find they can take on more architectural projects easily, as they know they have help with equipment when needed.
