Tag Archives: rent heavy equipment

Keep your options open before your rent heavy equipment

A small construction company has two options when it comes to procuring heavy equipment. Either he can go to buy used heavy equipment or take them on rent. Buying used heavy equipment can lead to some sort of complications in the near future as the machine that you intend to buy may have a lot of technical issues that you must not be aware of when you go to buy it. This may result in buying a good looking but an inferior product which will never go well with your business.

The construction company can certainly make use of the second option which is to rent heavy equipment, use it till you need them in the project and then eventually hand it over to their respective owners. You are obligated to just 2 things. First is to pay rental on each and every month and second is to keep the machine is a good state so that when you return the item, the owner of the machine does not have any complaints and also do not bill you for any repair work.

There are few options that you have before you finally use heavy equipment on rent. If your project requires heavy equipment that have use for limited period only then there is no point in renting machines for the entire year. You should look for people who are ready to sign contract for few months so that once your need with the machine is over you can hand it over to the owner. Not many people will give you this option and therefore you got to keep your search on till you get hold of someone who is willing to let it out for a temporary period. You can also take assistance from small time dealers who deal with renting heavy machines. It will be a safer bet to deal with these dealers as most of the time they own the machines and are ready to rent it for a temporary period.

These heavy equipment dealers are not hard to get by. If you do not know them, all you have to do is search them on internet. Try 411.com or other such similar websites that will give you plenty of such dealers. Once you have their information, the next part will be quite crucial. You have to reach out to them via phone or in person and check what they have in store for you. They possess lot of heavy equipment with various features. Check the one that suits your needs. You can also talk to them about your business requirement and ask for their suggestions. They are usually in the business for the last many years and can give you some valuable tips on heavy machines.

Negotiating the rental price is the next most crucial thing that you need to manage. They will for sure quote a higher rent which you need to bring it down by displaying excellent negotiating skills.

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Inspect the heavy equipment before you take it on rent

When you are buying machinery for your business you got to be sure that they are of real good quality. By no means should your business suffer for procuring items of inferior quality. It can lead to huge amount of loss and if you are a start-up company you just will not be able to bear it. It therefore becomes imperative that you check the items first and only when you are absolutely sure that the machine you are buying are of supreme quality that you should go ahead and buy them. In the construction business, heavy equipment constitute a major part of the business expense and hence many business owners prefer not to buy them and usually take a different approach. Instead of buying heavy equipment they procure the machines by renting them. Finding people who wants to lease their heavy equipment is simple these days and hence many construction businesses are following this module.

Inspect the heavy equipment yourself:-

If you are the person who would be operating the heavy equipment or you know about machines well then before you take it on rent you should personally visit the owner of the machine and insist on inspecting it once before you take it on lease. Ideally, heavy equipment owners understand the reason behind the inspection and often do not hesitate from the party on an inspection. You should drive the machine and check if its axles or the undercarriage are in order. You should make a note of all the important assessments that you have made and if you find anything wrong in it, inform that to its owner so that he can get things right for you. Heavy equipment if appears to be an old one will have some or the other issues but that needs to be sorted out before you go for it.

Change of faulty parts:-

If you like a particular machine and feel that it stands completely compatible for the kind of work you want it to perform you should go ahead with it. However, if you see that there are few parts that has gone faulty or may wear out in the near future, you must inform it to the owner and ask them to get that replaced. Also you should ensure that they replace it with a branded company whose products last for a longer duration and not any other company who also manufactures parts of heavy equipment but does not last long. You should remember that once you take it on rent and then if anything goes wrong you have to get that fixed. The owner will not take the responsibility and to a larger extent this clause will be present in the agreement as well.

Go along with an expert:-

At times we need expert opinions from people who know about the subject more than we do. If you know of someone who knows about heavy equipment more than you then it makes ample of sense to take him along with you and inspect the machine.

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Heavy equipment rental business

Rental business is one such business which is not majorly hit by recession or any sort of economic slowdown. People who use the products will continue to do so no matter what is the economic condition of the country is. However, it will not be correct to say that they are not at all affected by any slush in the economy. Their business also gets affected but perhaps the impact that they feel is lesser than people belonging to other sectors.

Construction sector in specific is at its peak and everything pertaining to this industry is really doing well. Right from cement industry to iron and steel to heavy equipment all the businesses is going great due to the push it has received from the construction and infrastructure sector. People who are connected to the construction industry are having a gala time and are considered to be making huge profits. Though not all are in the same money making mode but we can definitely count most to be in that genre.

Heavy equipment rental business has gone really up in the recent times and most companies dealing in this sphere are generating good sum of profits. Hence, if you are a person who has different types of heavy equipment or would like to deal with construction machines and have good contacts with people in the construction industry then starting up a heavy equipment rental business will be most apt business for you. A person who is a mechanic and now runs his own workshop can also get into this form of business and can run it quite successfully. All you need to do is pick up old heavy equipment at lower price, give it a new look and a new life and then you list them online or you hunt for people who want to take it on rent.

Normally if you have good contacts then you need not hunt for people. They will come straight to you and you have to guide them to pick the right equipment. In order to run this business, you first have to gather few information. Firstly you need to know how and from where you can procure heavy equipment at a cheaper price. This is perhaps the crux of the case and once you know that you are sorted. Rest is all simple and you can begin the rental business. There primarily 2 ways to get heavy equipment at a lesser price. The first is by procuring machines in an auction and the second is by buying old machines at junk rates.

There are heavy equipment that are repossessed by lenders. They do so as the owner of the machine is unable to pay the debts and the lender is forced to repo it and sell it at a lower price. Once they have sizable number of machines they call for an auction. Not many have the information about the auction which results into low walk-ins. Check with the repo guys and you can expect to get some solid lead from them. You be a part of the auction and fetch as many machines as you can which can then be refurbished and leased out.

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Rent a scraper

People in the construction industry particularly in earth moving work can’t function without a Scraper. They need this heavy equipment for their day to day earth moving needs and if that goes off for just a day they may incur heavy loss. The Scraper is indeed their bread and butter. There are many small sized construction companies that are into earth moving works and they largely depend on Scraper to complete their daily work. Many times they find themselves short of Scrapers which is why they have to extend the deadline. This brings us to the fact that there is a shortage of Scrapers in the market and people are ready to buy them or take it on rent if at all they get a good deal. So if you have a Scraper and you no longer want to continue for some reason with it, you have a good opportunity to rent it to people who want to use it and still earn decent amount of money.

First and foremost you need to do some research and try to know the rental price in your area. Scraper’s rental price differs on the basis of its age. If you have a new one and have not used it much then you can expect a good price for it but if it is an older one and lacks the modern features then you got to remain content with a lesser rental value. So what would be the approximate rental value of the heavy equipment is probably the first thing that you should try to know. Once that is known you can move into the next segment where you look for avenues to put it on rent and search for prospects.

Catch hold of Rental Salesman:-

There are salesman that deals with renting and selling heavy equipment. If you can come across one such salesman or a dealer the process of letting out the Scraper can become an easy one for you. They will take care of most of the hurdles and you just have to co-operate with them. However, if you find they are taking you on a ride you always have the option of moving to some other agent. But firstly you need to put in some effort to know which dealer has good reputation in renting heavy equipment. Once that is done, approach him and check their rental rates. If it sounds to be reasonable you can either keep the Scraper with them or ask them to come over to your place or jobsite for a visit with the prospect and get through with the deal.

Online website:-

You also have the option of getting through some online website who rent heavy equipment. These guys work both online and offline. Talking with these guys can also turn out to be prolific. However, they may charge a fee to first list the item and once you have a taker they might charge a cut of the rental amount. You should be in a position to understand what is more reasonable to you and thereby choose

Rent a Bulldozer

When it comes to construction industry, one construction equipment that will always have its place intact is a bulldozer. Come what may you will have to use a bulldozer for demolition purpose as well as to pushing debris. Though bulldozers do not play a pivotal role in carrying debris but one can’t ignore its importance in work related to construction. This is why it must be a common sight to find a bulldozer in almost every construction site. This also gives immense scope to the ones who engages in renting heavy equipment and to the ones who wants to make a career in it. This means that a person who is into the business of renting bulldozers will never find himself out of business until and unless there comes a substitute of bulldozers.

How to rent a bulldozer:-

There are multiple ways that one can adopt to rent a bulldozer. Firstly, he can approach one such person who rents heavy equipment and check with him if he knows someone who is hunting for a bulldozer. He can drop few pictures of the machine with him and his contact number so that if someone comes up showing interest to rent a dozer, he can be contacted. Renting bulldozers via such rental yards happen more in local market where most of the people know each other. They know that is anything goes wrong with the machine then they can easily catch hold of the dealer and the dealer in turn will ask the owner to get things fixed. This can be vice-versa wherein the owner of the bulldozer can pay a visit to the jobsite and check if the machine is doing well. If he finds the person is overdoing then he can bring it to the notice of the agent. However, the latter is quite seldom in nature.

Rent it on an online platform:-

Renting heavy equipment online is the most preferred options in today’s time. All the owner of the bulldozer need to do is post the picture of the machine along with the model number and provide appropriate description of the dozer on the website for the viewers to read. This will give you the scope to let-out the machine outside your city. The shipping charges need to be decided well in advance so that there is no confusion once the deal is set. If you post your listing on an online platform you will be charged a fee and if you get a taker you have to pay some more fees for successfully renting the machine.

Reach out to prospects on your own:-

This is quite a traditional way to rent heavy equipment, however still effective as long as you get some takers. What you have to do here is spread the word out in your business circle. Let everyone know that you want to rent your bulldozer and that will ultimately get into the ears of someone who wants one. People who follow the above two methods also follow this one as he does not have to pay anyone a penny to get a taker.

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Tips to choose renting company for your construction work

To many contractors of construction companies, leasing heavy equipment can provide an alluring, economic alternative to acknowledge as the constructional task strengthens after it has shown a remarkable progress in 2011. At the time when the flow of money and credit is limited, renting facilitates the construction companies to access the wide gamut of heavy equipment for additional versatility of the jobs without the additional problems correlated with the proprietorship inclusive of maintenance, storage, transport and warranty costs. Once the individual made up his mind to take the equipment on renting, the next step is to fetch out the best renting company from the innumerable online companies available.

How to choose the right renting company?

To pick up the best renting online company, the foremost thing is to find out what is the most essential thing while choosing. For some people, budget plays the most vital role. That’s why, some contractors turn towards the low prices renting companies which always do not ensure great services.

The person should also take into considerations the availability of the equipment, proximity to the construction site and support services. Equipment leasing companies skilled professionals must be available 24/7 to get the assistance. By getting the help, the person will be able to achieve the appropriate machine for the jobsite and give training on the proper use of the equipment.

In order to help the owners and contractors of the construction companies, the ARA provides a rental site online. To get the long list of ARA local rental companies, the user has to type down his zip code and the type of machine he needs to carry on with his construction work.

If the individual shares the project details with the personnel of his selected leasing equipment company, the employees of the company can give him advice regarding the size and type of required equipment and also extend their helping hands to organise any extra supplies needed to execute the project perfectly. Inventory of heavy equipment leasing is changing regularly, providing the models of latest equipment with the safety measures. It also consists of procedure to control the emission from the machines and ensures better economy of the fuel that fulfil the new requirements of the government of that country.

A number of contractors of the constructional companies believe that a rental store should provide spick and span facility with the proper maintenance of the equipment, instant delivery of the rented product and the capability to reach a person at any point of the day if any accident or problem occurs.

Check out the multiple renting companies to know which company is going to deliver the best product at the best price along with a sound customer service. If the person needs a single piece of construction equipment for one hour or two, it should be convenient to rent the device for some hours and moreover it will be cost-effective too.

So, do not waste your time in thinking, go straight and choose the right renting company to finish your project within the deadline. Remember, to go through the terms and conditions of the renting company carefully before you sign any deal with them.

The Important Factors To Consider to Know When To Rent Heavy Equipment

Is it time you need some pieces of heavy equipment or trucks? Maybe, you have achieved a huge contract coming down the pipe or you are thinking of expanding your construction business, then how would you decide whether and when to buy or rent the heavy equipment. Both leasing and purchasing have their own pros and cons. It pays to calculate the company’s present efficiencies and situations as well as the planning for the future and conscious consideration of the right equipment needed for your business- and hence making your life smooth. Undoubtedly, initial price is the key factor in taking the decision. Apart from it, there are some other things to look at when the right time has come to gear-up – availability, usage and the like.

As you read the article, you will get to know the important things to consider while deciding when to buy or rent the equipment.

  • Present financial condition: – This is one of the most obvious things to take into consideration. Ask yourself- “Do I have the money to purchase or should I go for renting the equipment now?” You should try to look ahead to estimate your costs keeping in mind your present financial condition. If you are going through financial crisis period, it’s always better to take the required equipment on rent, as it will help you to save your money on a long term-basis.
  • Compare the renting and purchasing cost: – It is also essential to compare the equipment ownership cost with the renting cost. The renting of the machine doesn’t need any kind of maintenance charge because if any damage happens in any part of the rented machine, you just need to contact them and tell them your problem in details. They will immediately send a technician to help you out. But, this is not the case when you switch to purchase the equipment. With the ownership of the construction machine, come operating and maintenance costs, fees like the license from the government and insurance. While renting, you should find out that the renting fees should include both the ownership as well as the buying price.
  • Time duration of the constructional project: -Of all the above mentioned things, time duration of the project and the frequency of employment on the calendar can become a deciding factor in whether you purchase or lease the equipment. If your short-term job calls for a specialised equipment, then the best option is to switch on to the renting companies to get your special machine on rent.
  • Availability of the equipment and its applications: -The increase in the competition of the industries of renting companies enables you to get the different kinds of products of latest brands whenever you approach them. Moreover, they will also make you aware of the equipment’s applications clearly and easily. A genuine renting company will always offer you new machines by giving the maintenance and insurance assurance which will be handled by third party.

 

The equipment rental is the logical option for many contractors and owners of heavy construction businesses to save money and to spend it in some other needed sections.

Steps To Rent The Heavy Construction Equipment

If you are thinking of getting into the business of construction, renting of the equipment can certainly be a great option for you. The main advantages of renting the equipment include no storage, maintenance and transportation costs. With crunching numbers and ample online researches, many a times you need to decide which option can save both your money and time. The fashion over the last several years has progressively bent towards the renting of the heavy equipment mainly during the recent inflation.

How To Rent The Construction Machine?

Considering the multiple tasks- whether regular activities of maintenance or projects of long-terms which are taking place in institutional facilities-to  pick up the right constructional tools can become a big challenge for both the engineering managers as well as the maintenance. To rent the construction machine you only have to follow some simple steps cited below:

  • First of all, you need to take the final decision regarding the renting or purchasing of the heavy equipment required to fulfil your task within the deadline efficiently. The usual thumb rule of the construction industry is that if you are planning to use a single piece of equipment for less than 65-70 % of the working time, go for renting. Time-consuming and versatile equipments are generally best available while you opt to purchase. Apart from this one, the option to rent stands second to none.
  • The next step is to sit in front of your computer screen and do some researches to find out the equipment absolutely suited to your job. Make sure while browsing that you are also going to find out the best models, brands and sizes.
  • If your budget is limited, search for a site which is ready to give you minimum amount of time required to lease. Most of the times, the renting period is categorised on daily, weekly and monthly basis. Rent the equipment at that time when your jobsite is perfectly ready to work for.
  • Open a price-comparison site like RentItToday or EquipRent to fetch out the lowest renting rates. These sites offer your required renting codes absolutely free of cost. You can also go through the Yellow Pages or do a search on the Google.
  • Contact them and meet them physically to know the present condition of the equipment. Find out whether it is in excellent condition or some parts are already damaged.
  • Ask the selected company whether they provide customer support service 24/7 or not. If not, it’s better not to proceed into any dealings with that company.
  • After using the rented heavy equipment, hand over the equipment carefully to the renting company so as to avoid any additional fees.

While some renting companies might charge comparatively low rates when rented on a daily basis, long-term projects might be better achieved by those companies which provide the week based packages or packages which consist of two or more machines. Look for those online renting companies which have a physical address with good customer reviews.