Why It Makes More Sense To Rent A Crane In Houston Than Own One
By Wendy King
There are a lot of businesses that need heavy equipment occasionally in order to complete difficult jobs. Unless this kind of equipment is something the business has a use for on a regular basis, it often makes more economic sense to lease cranes and other expensive items than purchase them outright. A lot goes into whether or not a Texas company decides to Buy A Crane In Houston.
These pieces of equipment are extremely expensive. Depending on the type and model, cranes can cost upwards of half a million dollars. That's a huge expense unless you need them all the time. It will be even more expensive if you need different types of cranes. Renting the equipment on the other hand usually costs a few hundred dollars per hour.
One of the advantages of renting heavy equipment is that the rental company usually offers to provide an operator along with it. This person has usually operated the particular piece of equipment in the past and is familiar with any peculiarities it might have. The rental company prefers to have their own employees operating the equipment. This leaves you free to handle other areas of the job.
Along with ownership of equipment comes maintenance and repair. This can get complicated and expensive. You will have to hire someone experienced to work on the equipment, and you will have added insurance to cover damage, theft, and injury. Rental companies normally require owners leasing equipment to sign a maintenance agreement, but it comes at a much lower price than a full time employee.
Job safety is another area that businesses have to consider when deciding whether to rent or own heavy equipment. An accident involving one of these huge pieces can be deadly. When you rent them, you leave the issues involving maintenance and repair to the equipment owners. They are responsible to ensuring the pieces are safe to operate.
By renting cranes, instead of purchasing, you will have the convenience of being able to swap one out if the job demands it. You never know when a situation will arise where you will need another type of crane for some reason. You certainly don't want to have to purchase an expensive item for one time use. In the event that your crane goes down and needs repair, you will be in a situation where you are forced to rent one anyway while yours out of commission.
You may have a job that you thought could be handled without using special equipment. Circumstances can change however, and you can get caught in a situation where your crew is unable to handle the job manually. Renting a crane can be done quickly, and you can meet your deadlines.
Having your own equipment is great. Being able to afford expensive cranes can be a symbol of success. Unless your business demands heavy equipment on a regular basis however, it probably makes more sense to rent.