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5 Reasons To Choose a Heavy Equipment Rental

Aug. 11 2020 Buying Guide By FMI Equipment

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A construction equipment rental may be the perfect option for your company's needs. Renting costs significantly less than owning, but that's only the beginning of the perks. Keep reading to see if heavy equipment rental is right for you. If you want to explore construction equipment rental near Spokane, Washington, visit FMI Equipment. Our dealership is based in Spokane Valley, Washington. We also proudly serve those in Spokane, Washington, and Coeur d'Alene, Idaho.

1. You Want A Low Upfront Investment

There is a significant cost difference between construction equipment rentals and purchasing. Buying a model requires a steep financial investment, including:

  • high monthly payments or the even higher cost of purchasing outright
  • long-term storage costs
  • service department visits for regular maintenance tasks
  • fees related to parts replacement or repair costs
  • upgrades to keep the model's performance capacity current

Heavy equipment rental, on the other hand, involves very few costs. There are only the fees related to renting the model, which is much lower than the fees related to purchasing the model. Plus, you won't be responsible for the costs related to long-term upkeep.

2. You Want Cutting-Edge Features

Companies are always upgrading their models. The goal is to gain an edge on competitors, but the end result is improved features and performance for the customers. Construction equipment rentals often give you access to newer models, which means enjoying the latest and greatest features such as:

  • better fuel efficiency, saving you money on fuel costs
  • improved handling and agility, making it easier to navigate tight work spaces
  • added rider comfort features, helping to boost operator focus and productivity
  • more versatility, allowing you to tackle a wider range of tasks

These are a few examples of the many ways that heavy equipment rentals can result in an improved work performance.

When you purchase a model, in contrast, that rig needs to last many years. Most construction companies make a purchase with the hopes of it lasting a decade or more. During those years, features can quickly become out-dated and no longer offer the cutting-edge productivity boosts that they once did.

3. You Need Heavy Equipment For A Short-Term Project

It’s a common scenario. Your company gets the opportunity to handle a short-term project, but you currently lack the necessary construction equipment to tackle it. In this situation, it doesn't make financial sense to take on the huge costs of equipment ownership. Why spend all that money for a short-term need?

Instead, heavy equipment rental is the ideal approach. Get all the performance and capabilities you need while you need it. Once the project is done, you return the heavy equipment rental and stop paying the associated fees. It's the most cost-effective way to approach temporary projects.

4. You Want Fewer Responsibilities

Owning a piece of equipment requires work. You are responsible for ensuring the model is maintained, parts are replaced, upgrades are made, repairs are handled, debris is cleared away, and so on. This takes time and energy, which are limited resources. The more models you already own, the harder it can be to keep up with the responsibilities of an additional purchase. With heavy equipment rental, all of these responsibilities fall on the rental equipment company. It's a load off of your shoulders!

5. You Need Simple Storage

Construction equipment tends to be large. The big size helps tackle big projects, but it can also make the long-term storage that comes with ownership a hassle. Construction equipment rentals only need dedicated space for the duration of the project. Once the work is done, the model gets sent back and you aren't stuck providing permanent storage for it.

Ready to explore construction equipment rental options near Spokane, Washington? Head over to FMI Equipment. Our friendly staff is happy to answer questions, give advice, and help you navigate the rental process. It's easy to get what you need when you visit our dealership! We are located in Spokane Valley, Washington, and proudly serve those in Spokane as well as Coeur d'Alene, Idaho.