Rental Equipment for Occasional Use
Dealerships that specialize in the sale of new and used large equipment typically have a rental fleet available as well. Equipment is expensive and not all types are needed on a regular basis. Lifts are a perfect example. Utility, construction, roofing, lighting, and other companies across industries only require lifts for specific projects.
It makes no sense to purchase specialty equipment for occasional use. The initial cost is huge, plus extra storage, maintenance, and taxes will also have to be paid. Tying up all that capital lowers company profits and effects the ability to compete. Bids will be higher to cover overhead, the business will be worth more on paper than in reality, and insurance premiums are paid on equipment that does not get a lot of use.
Boom lift rental, on the other hand, is temporary, requires no storage, costs much less, and is considered a business expense. That means it is tax deductible. Most rentals include an experienced operator, which eliminates the cost of hiring temporary staff. Maintenance is the responsibility of the rental company, and equipment can be delivered to the job site within twenty-four hours, depending on the dealership.
In order to rent the exact equipment required, business owners will have to research what equipment is offered by which dealerships. Some only offer the most common sizes used, or one manufacturer. Finding one that offers a full range of equipment, such as High Reach, will save time and effort on each rental occasion.
Self-propelled scissor lifts and telescopic forklifts are offered, as well as a complete line of both telescopic and articulating boom lifts. Height range from thirty to one-hundred and fifty feet. Power choices include propane, electric, diesel, and gasoline. Platform widths and weight capacities also vary to accommodate any project.
Most rental costs are rounded up to the next billing interval. If equipment is used for twelve days, the renter is charged for to full weeks. Using a lift for six and a half weeks will end up costing to full months of the rental price. This is standard procedure in the industry.
One company in Florida offers an innovative approach to weekly and monthly pricing. After the first contract period, time is pro-rated to save renters considerable amounts of money. The lift used for twelve days will cost one full week, plus 1/7th of the cost of a week for each additional day.
Equipment rented by the month will cost 1/4th of the rate after the first month passes. Six weeks use will be charged at the rate of one month and a half. Business owners can visit HR2FL.com to view here rates and details of pro-rating procedures.
Renting Over Buying
It makes no sense to purchase specialty equipment for occasional use. The initial cost is huge, plus extra storage, maintenance, and taxes will also have to be paid. Tying up all that capital lowers company profits and effects the ability to compete. Bids will be higher to cover overhead, the business will be worth more on paper than in reality, and insurance premiums are paid on equipment that does not get a lot of use.
Boom lift rental, on the other hand, is temporary, requires no storage, costs much less, and is considered a business expense. That means it is tax deductible. Most rentals include an experienced operator, which eliminates the cost of hiring temporary staff. Maintenance is the responsibility of the rental company, and equipment can be delivered to the job site within twenty-four hours, depending on the dealership.
Variety of Equipment Available
In order to rent the exact equipment required, business owners will have to research what equipment is offered by which dealerships. Some only offer the most common sizes used, or one manufacturer. Finding one that offers a full range of equipment, such as High Reach, will save time and effort on each rental occasion.
Self-propelled scissor lifts and telescopic forklifts are offered, as well as a complete line of both telescopic and articulating boom lifts. Height range from thirty to one-hundred and fifty feet. Power choices include propane, electric, diesel, and gasoline. Platform widths and weight capacities also vary to accommodate any project.
Pricing
Most rental costs are rounded up to the next billing interval. If equipment is used for twelve days, the renter is charged for to full weeks. Using a lift for six and a half weeks will end up costing to full months of the rental price. This is standard procedure in the industry.
Pro-Rated Pricing
One company in Florida offers an innovative approach to weekly and monthly pricing. After the first contract period, time is pro-rated to save renters considerable amounts of money. The lift used for twelve days will cost one full week, plus 1/7th of the cost of a week for each additional day.
Equipment rented by the month will cost 1/4th of the rate after the first month passes. Six weeks use will be charged at the rate of one month and a half. Business owners can visit HR2FL.com to view here rates and details of pro-rating procedures.
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