Heavy equipment rentals are increasing across the United States. Rental revenue is growing at over three times that of the general economy. As with all new growth, there are those who question where its coming from and if it makes sense. Could it be the slower economy? Is it really more cost effective for me to use construction rental equipment than just buy it outright? While the former question can be near to impossible to answer, the latter is easily addressed with a few key considerations:
- What is your current financial situation?
Before you can even consider buying or renting heavy equipment, you have to assess your current financial situation. When it comes to large construction equipment, buying may not even be in the books at this time. Do you have the necessary capital to buy the Continue reading