Deciding to Rent Equipment VS Buying Equipment
Do you recall back when you purchased your first machine? It may have taken some time to save for or maybe you are still paying it off today. Many people believe that purchasing equipment could make their job easier but it can also result in an expensive purchase that sits idle for the majority of the season. Instead, think if it would be worth it to rent equipment instead.
Our team at DOZR has seen many cases of equipment purchases that don’t get used to their full potential. We agree that in most cases renting can save you time and money. There are many benefits to renting instead of permanently adding to your fleet. We chose the top 8 reasons why we believe that renting is the way to go and how it can save you money in the long-run.
8 Reasons to Rent Equipment Instead of Buying
1. No Long-Time Commitment
Purchasing heavy machinery is a huge commitment and will definitely make a dent in your books. Avoid the possibility of not using the equipment as much as you intended. When renting equipment you can ensure that you are only using the equipment as needed and save money during the projects you don’t.
2. Avoid the Down Payment
A down payment may be a tough decision and might be a lot more costly than you expected it to be. Renting equipment before making a big purchase can help you decide whether the equipment makes sense for your company and if it will be profitable in the long-run.
3. Ditch the Maintenance and Repair Costs
One of the best reasons to rent instead of purchase heavy machinery is to avoid the headache of constant maintenance costs and unexpected repairs. Downtime not only takes a toll on your company’s budget but also your timeline. Repairs can put your crew out of work until the problem is resolved. DOZR ensures that the equipment is in good working condition and in the case it does break down our team will have it fixed within a few hours or trade out the equipment so you can stay focused on the project at hand.
4. Don’t Waste Money on Equipment You Don’t Need
Wasting money on unnecessary equipment could put you and your company in a tough situation. Purchasing a piece of equipment for a specific job and then figuring out that you won’t need it later could be a financial nightmare. Play it safe and rent the equipment until you are confident that it will be beneficial to your fleet.
5. Renting Leads To More Job Opportunities
Not owning a piece of equipment shouldn’t stop you from taking on new projects. Renting allows you to say yes to projects that require equipment that might not be in your fleet and will also help you profit from short-term rentals for specific job opportunities.
6. Freedom To Try the Newest Technology and Brands
Renting can be fun for your crew and yourself. Renting allows you to try out the newest technology and brands. Who knows, you might be surprised with a brand you thought you knew or how quick technology is changing the industry. Being on top of the newest and greatest machinery could also make you a more desirable hire than your competitors.
7. Absolutely No Hassle With Transportation
Renting allows you to focus on your current projects instead of on the logistics like transporting equipment. DOZR takes care of all the details including the transportation of the rentals so you can focus on your projects.
8. No Such Thing As Storage Issues
Storing your equipment is just another hassle that slows you down and costs you. Renting avoids storage logistics such as moving the equipment back to the yard.
Renting can help you avoid the inconveniences like repairs and transportation costs. Rentals can also create new job opportunities and make you more desirable for bigger projects. Leave the rental search and details to us. At DOZR we want to save you time and money.
If you do have equipment that you do not use why not put it to work and list your equipment with DOZR? We handle all the listing details so you can focus on work while profiting from your idle equipment.
Give us a call today to learn more.