7 REASONS WHY RENTING IS BETTER THAN PURCHASING

For industrial and construction companies the decision of whether to rent or buy the heavy
equipment that they will need for a job has serious effects and must be considered very carefully.
However, renting heavy equipment rather than buying offers quite a few major advantages that
can be beneficial to companies, few of which are

No Maintenance – Many pieces of heavy equipment heavy maintenance and need to be up to
date to continue operations at their peak levels. They also often require inspection and other
routine testing. So renting frees up a considerable amount of time, labor and stress.

No Storage – One aspect of equipment ownership that many companies don’t consider before
buying is storage. Most pieces of heavy equipment will begin to suffer over time if they are left
outside, exposed to the elements. Renting the equipment removes this burden since it is the rental
company that will have to deal with storage.

Transportation Is Made Easier – If your project or worksite is far away from site location than
another major problem you will have to overcome is transportation. Once again transporting
heavy equipment can be very expensive and time consuming so renting the equipment removes
this burden.

Rent before you own – One major advantage to renting heavy equipment is that even if you do
intend to eventually buy the piece, it allows you and your employees to become familiar with it
before you purchase it. You can even try different brands and models for a more hands-on
comparison. This allows your ultimate purchase to be much more informed and helps you set
your expectations accordingly.

Service – Another advantage is the ownership in terms of the amount of support and assistance a
company is able to receive. The rental staff will be highly knowledgeable about the equipment
and can make recommendations based on your particular needs for the project.

No Risk of Machine getting outdated – As technology advances and new government and
industry regulations are implemented, there is a risk that a piece of heavy equipment may
become outdated. This will not be a concern for those who rent the machine.

Better Cash Flow – There is no getting around the fact that buying new heavy equipment is
expensive and in all but very large companies such a purchase is likely to have a significant
impact on cash flow. In comparison to that renting a piece of equipment have a dramatically
smaller expense which will have much less impact on the budget of company.

The final general thumb rule that the decision whether to rent or buy a piece of machine should
be taken wisely and carefully. Machinehire.in offers full service equipment rent and hiring,