Renting Vs Buying: Why Hire Your Earthmoving Machines?
Good quality, reliable Earthmoving Equipment is imperative to getting your job done on time and on budget. Naturally, machines are usually the first thing organised whenever you come to take on a new project. Equally as important to getting you through to the end of the job is your cash flow! Which is why many companies choose to hire or at least supplement their fleet with rental equipment.
At HT Spares we know both sides of this story very well. Not only do we have decades of experience sourcing machines for our customers to purchase but we also have a fleet of reliable Earthmoving Equipment for Dry Hire.
If you’ve never considered whether renting might be a great option for you, read on. Today we are taking a look at the advantages of renting your earthmoving equipment as compared to purchasing them outright. Whilst every project and company is different, it never hurts to weigh up both sides of the coin!
Perhaps the most important factor impacting whether dry hire is the right choice for you will be cost and cash flow. There is a much lower outlay involved in renting your earthmoving equipment as compared to purchasing it, especially for short to medium term projects.
If you will only need the machinery for a limited time frame, renting makes sense. To purchase would mean a significant amount of capital is tied up and we all know that cash flow is king.
When you purchase a machine it limits your flexibility. There is a significant capital outlay and you therefore need to get the job done with that machine, even when it may not be the most ideal for every situation.
Flexibility comes in when renting because you have the option to change machines in and out to better suit the task as things progress. You can also adjust the equipment you hire based on the requirements of each individual job, and choose the right machinery for each task.
Renting equipment gives you the flexibility to use the equipment only when you need it. Off-hiring allows you to avoid wasted cash flow.
Maintenance Is Included With Hire Rates
A real game changer when it comes to hiring is that the maintenance, repair and upkeep of the machinery is included in the price of the hire. This can save you significant amounts of money in maintenance and repair costs, and ensure that you always have access to well maintained, reliable equipment.
Avoid Storage Costs
When you hire your machines, you avoid the (significant) cost of storage between projects. Heavy Earthmoving equipment can take up a lot of space, and storing it can be logistically complex. By hiring equipment, you can avoid the need for additional storage space, which will save you money in the long run.
On Demand Availability
As your needs change between projects it makes sense to supplement with rental equipment based on the ready availability. Sourcing machines for sale can take time, you want to get the right machine for your needs. And at the right price. When you have a relationship with a reliable rental equipment company such as HTS, you know that you can get reliable equipment on demand to help you meet your deadlines and budget.
The Highway Tractor Spares Dry Hire Rental Fleet
HT Spares offer a rental fleet including Dump Trucks, Loaders, Graders and Excavators.You can view the range here. If we don’t have the exact machine you are looking for, give us a call as we can also source an extensive range outside of what is currently listed for larger ongoing projects.
At a glance, our fleet includes:
- 25 - 40 Tonne Articulated Dump Trucks
- 8 - 35 Tonne Hydraulic Excavators
- 5 - 30 Tonne Wheel Loaders
- 18 -25 Tonne Motor Graders
- 20 - 35 Tonne Dozers
Our rental fleet is available on flexible terms and at market competitive prices. Give the team a call today on (03) 9794 5355 to discuss your project so that we can tailor a plan for you.