The Pros and Cons of Renting Heavy Equipment
If you’re not in the market to buy new machinery but need a helpful piece of equipment on hand to complete a job, renting your model may just be the perfect solution! However, renting isn’t right for everyone, and you’ll want to read over our short list of pros and cons below before you decide to fill out a rental agreement.
Pros:
Renting heavy equipment comes with a number of unexpected benefits that many buyers aren’t aware of! For example, as long as you don’t break any of the stipulations on your contract, your machinery’s maintenance will be completely covered by your rental company, taking a huge expense off your plate! Dealerships also tend to offer the latest and greatest in industry technology, meaning you’ll have access to high-tech equipment you might not normally be able to afford.
Cons:
While renting is often considered a cost-effective alternative to buying expensive equipment, this is only true if you’re using the machinery for a short amount of time. Do the math, and you’ll quickly realize that renting equipment for longer than a few months often ends up costing you more than the machinery’s initial sticker price. You’ll also need to be very careful with your rental equipment, as damages not covered by your contract may end up costing you hundreds of dollars in repair fees, despite the fact you don’t own the machinery.
On the hunt for a piece of heavy equipment to help finish up your latest project? Here at Alpha & Omega Contract Sales & Consulting, we offer helpful machinery for rent or purchase, as well as helpful financing options and repair services! If you’re located nearby in Odessa, Texas, feel free to visit any of our four locations across the state for all of your heavy equipment needs!