This year, the global construction equipment market is expected to grow to an impressive $145.5 billion dollars. This is because construction equipment is highly specialized heavy machinery — and it means that a lot of people don’t actually want to buy it. There are a number of benefits of renting rather than buying construction equipment, largely related to saving money. The rental process can seem pretty daunting since it’s literally a big decision to make, but here are three things that every contractor needs to think about when looking for construction equipment rentals to get you started.
1. How Much the Rental Company Charges
The first thing contractors need to look at when they’re searching for a rental company is how much the company charges and for what. Some companies charge rental fees per day or per hour, depending on the equipment. Furthermore, some companies charge for the fuel used in the equipment and whether or not the equipment needs towing or not to get to a job site.
2. What Types of Equipment Can Be Rented
This is an obvious one, but something that a lot of contractors forget about. Making sure that the company has all of the equipment you may need to rent is important for avoiding a hassle later. For example, you may need earth moving equipment now, but may need man lift equipment later on in the job. It’s going to be much easier to rent both from the same company than have to find another one on short notice.
3. The Rental Company’s Reputation
Aside from finding the right price and the right equipment, you also need to find the right people. You need to make sure that you’re doing business with a reputable company who takes care of their fleet. This becomes a safety issue — you need to make sure that any construction lift equipment is well maintained and won’t pose a safety risk to any of your crew. Additionally, as with any other service you should ask for a few referrals to see what other customers have experienced with a given company.
Do you have any other tips for finding construction equipment rentals? Feel free to share them with us in the comments section below.
