9 APRIL 2021 WorldWide Drilling Resource® Reasons to Rent Heavy Construction Equipment Articulated trucks, excavators, bulldozers, graders, compactors, scrapers, wheel loaders, and other heavy equipment are vital to particular businesses. However, some of these may sit idle more than they are used, so renting them on an as-needed basis may be more cost-effective than ownership, plus: aMore job opportunities - Instead of turning down a job because you don’t have the equipment, rent the machine needed for the duration of the job. aMaximize profits - The right-sized equipment for the job saves time and money. Too small, and the equipment will have to work twice as hard; too large, and there can be difficulties maneuvering in tight spaces. Both can lead to excess fuel consumption and operating time. aTransportation cost savings - If you have two jobs at a time with only one piece of equipment to transport between them, consider renting from a local source instead of transporting equipment to both jobs over long distances. aBusiness expense deduction- Equipment rental can be an expense deduction, so will lower the business taxes. Having the right equipment is essential to getting the job done. Photos courtesy of Ring Power Corporation.
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