should you rent or buy heavy construction equipment?

My husband is a contractor that does all sorts of jobs. There have been times that he has had to turn down a job because he didn't have some of the equipment that he needed to do the job right. Other jobs require that he rents some heavy construction equipment. We have been trying to decide if we should invest in purchasing some of that equipment that he needs or if it is better to continue renting it. Go through our blog to learn about purchasing heavy construction equipment. Here, you will learn the cost of purchasing and maintaining versus renting it.

Need A New Crane? Why You Should Choose A Short-Term Lease

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When you need a crane, you might think you need to choose between purchase and long-term leasing. Unfortunately, neither option works well when you don't use a crane on every project. That's why a better option might be to use a short-term lease for your crane. Short-term crane leasing gives you all the benefits you need. That includes easy access to the equipment you need. But, there are other benefits to using a short-term lease option for your industrial crane. Read the list below. Here are four reasons to choose short-term leasing when you need a crane. 

Enjoy Flexible Terms

If you're ready to invest in a new crane, it's time to weigh your options. If you use a crane every day, a long-term lease might be your best option. But, if you only use a crane from time to time, short-term leasing is the better option for you. One of the advantages of short-term crane leases is that they offer the flexibility you need. A short-term lease allows you to get the equipment you need. And, you won't need to worry about the long-term commitment. This flexibility is especially beneficial when your company has fluctuating project schedules.

Save Time and Money

If you're trying to save money on equipment costs, a short-term crane lease can help. When you buy a crane, you need to worry about interest rates and maintenance costs. When you sign up for a long-term, you need to pay for time you might not need. That's where a short-term crane lease becomes beneficial. When you sign a short-term lease for your crane, you don't need to worry about high-interest rates. You also don't need to worry about signing a long-term contract.

Get Equipment Upgrades

If you want to have access to updates and upgrades, don't buy your next crane. Sign a short-term lease instead. One of the great things about short-term crane leases is that you get equipment upgrades. Crane technology continues to evolve and improve. If you lock yourself into a long-term lease or purchase, you can't take advantage of the improvements. You won't have that problem when you sign a short-term lease. With a short-term lease, you get the latest technology each time you enter into a new lease. 

Receive 24-Hour Support

If you're weighing your options about crane leases, think about support. You can't always get the support you need when you buy a crane. That's where short-term crane leases are different. With a short-term crane lease, you'll get the benefit of 24-hour support. 

For more information on crane short-term lease services, contact a company near you.

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14 August 2023