Per the American Rental Association, the construction industry is experiencing an all-time high for renting equipment. In fact, in 2019 93% of respondents reported they rented equipment. Being able to rent equipment for construction projects is a viable option. It offers construction companies the ability to run a more stable business financially and cut costs.
There are actually many benefits to renting equipment. When you use the best rental yard, you are assured of high-quality equipment that has been maintained and cared for so all rentals run smoothly. Below are additional benefits that make using rental equipment for construction projects a wise choice.
Of course you want to make a profit off of construction projects. The best rental equipment will help you get the greatest value and savings for your money. A top rental yard offers more than just equipment. They offer a range of tools and heavy equipment rentals such as forklift rentals.
Owning equipment comes with many responsibilities, including the costs of repair and maintenance. Both are still very important concerning rental equipment. However, those responsibilities are not a heavy burden your company has to carry. Renting equipment gives you the opportunity to focus more on the future of your construction company rather than trying to fit a long-term plan for maintenance and repairs in your budget.
Another downside to owning machinery is the considerable depreciation costs. Sure, you could resell it or try to maintain it for as long as possible. Once you’ve made a large investment in equipment, the costs are only going to continue plus what you have already spent for the upfront purchase.
While you are trying to maintain your equipment and get it in the best shape possible, it will be depreciating in value. It is only going to get harder to recover all of the costs of the initial investment. Renting equipment means you don’t have to deal with any of that.
Would you like a certain amount of cushion when there are unpredictable financial turns in the construction sector? Rentals can shield you from the dynamic elements of the construction sector that influence the current market. Leasing and renting equipment are the flexible options you need to better handle market forces that rise and fall.
When you use rental equipment, you do not have to worry about the additional cost of long-term storage. You can easily negotiate with rental yards concerning the length of time you need to rent equipment. This takes the worry out of storing tools and equipment when you don’t need them.
Renting equipment from a rental yard is quite easy. All you need is a valid driver’s license, proof of insurance for motor vehicle rentals, as well as a credit card to be used for a deposit. You can depend on an experienced team to provide you with custom solutions that fit your construction projects perfectly.
You will get the personal attention you deserve and the ideal equipment for the job. Contact a rental yard in Los Angeles, Alhambra, Azusa, or El Monte, CA today. They have the exact tool and equipment rentals you need at prices you can afford.
Share On: