1. Minimum Equipment Inventory: Equipment ownership can be very expensive, especially when that
equipment is idle, as owned equipment often is. By combining ownership of basic equipment with rental equipment as needed,
idle time and cost is minimized.
2. Right Equipment for the Job: Ownership of equipment can add two hidden but very real costs to your
job.
1) Inefficiency due to the use of the wrong size or type of equipment, and
2) additional hidden costs of maintenance and repair incurred by using your own equipment. Rental equipment ensures
the right equipment for the job.
3. Warehousing: Warehousing sites are seldom needed for rental equipment. Some contractors actually
operate successful construction businesses with little more equipment overhead than the cost of a telephone by having our
rental company act as their warehouse.
4. Breakdowns: Virtually all equipment is subject to occasional breakdown. However, when rented equipment
breaks down, it can be quickly replaced by our rental company at no cost to you. Time losses on breakdown of owned equipment
are eliminated along with the cost of repairs.
5. Maintenance: Equipment rented includes full maintenance. You need no repair shop, no spare parts
inventory, no mechanics, and no added maintenance payroll or maintenance recordkeeping.
6. Equipment Obsolescence: Manufactures are constantly trying to capture a bigger share of the construction
market by designing new, faster, and more efficient equipment. Ownership involves the risk of rising wage costs and slower
job completion time due to owning equipment that has become slow and inefficient compared to new models. On the other
hand, our rental company keeps an updated inventory of the latest types and models of equipment.