The Advantages to Renting Heavy Equipment
Posted by: Erika Green on April 12, 2018
If you’re a new business owner or running a small company, you may try to determine whether you should rent or purchase equipment. In most cases, companies use a combination of both, but smaller companies may find that it makes more sense to rent. Here’s why.
Renting is economical
Renting is often the most cost-effective way to get equipment. Jobs that typically last anywhere between a couple of days to about a month are perfect for rentals. If your construction or landscaping projects fall into this category, then renting makes the most sense.
You should also consider the scope of your jobs. If the project requires a specific machine that you don’t use that often, buying wouldn’t be a smart investment.
Not sure if you should rent or buy? Use our cost calculator on our home page.
Caters to short-term jobs
Renting equipment allows you to get very specific with your equipment choices. If you have a job coming up involving explicit details that are out of the ordinary, you can choose the machine size and features you need to do the job right. You have complete flexibility when renting with us, as the rental agreement ends the minute you return the equipment. We offer four-hour, daily and weekly rental options that accommodate your business.
You will always have the most up-to-date equipment
Equipment is constantly advancing. With purchasing equipment, you may miss out on the latest and greatest features. When renting, you never have to worry about it. You can try out different equipment to determine what’s best for your crew and jobs. There’s also an opportunity to test new technology to keep your team up-to-date on the best equipment out there.
No storage or maintenance costs
While some companies can store and maintain equipment, not everyone has that flexibility. And if your business falls under the latter scenario, you should be renting.
When you rent with us, you don’t have to worry about securing space to work on the equipment or keeping it stored safely. When your job is done, you return the equipment to us with no hassle or stress.
For added reliability, our equipment is backed by our preventative maintenance program, which uses data to ensure the machines consistently perform at a high level. With this technology, we’re able to improve productivity and equipment uptime while on your jobsite.
No transportation – we’ve got it covered
If your jobs are spread across several regions, or even the country, transporting equipment and tools to and from jobsites isn’t ideal. Take advantage of our delivery option, we take care of all of that for you. Tell us where and when you need the equipment, and we’ll deliver it.
There’s lots to consider when renting equipment; however, renting will ultimately make a difference to your business’ bottom line. So, next time you’re at your local The Home Depot® store, ask one of our associates for more information on our rental options – they’re just more convenient.