Construction equipment rental has its upsides, especially when it comes to reducing risk. However, there can be advantages to equipment ownership if you are confident in the technology, confident in your work outlook and believe you will have good utilization of the machine.
“For the most part, rental rates are higher than your payments would be when purchasing the piece of equipment,” says Dustin Robbins, rental representative with James River Equipment, a John Deere dealer headquartered in Ashland, Virginia. “In the long run it can make more sense to own.”
Every situation is unique, but here are four signs that rental may
