Renting Plant Machinery
27th July, 2022
Having access to the right plant and machinery is critical to the success of your construction business. By partnering up with a reliable plant machinery rental company, you can complete your projects quickly, efficiently and cost-effectively.
If you are not sure whether you should buy or rent construction equipment, read on. In this post, we look at some of the biggest benefits of renting plant and machinery.
No Repair Costs
With access to well-serviced, reliable plant and machinery, you won’t have to worry about repairs and maintenance. Owing your own plant and machinery gives you a capital asset but it comes with the added costs of repair and maintenance.
When you rent your construction equipment, you can avoid the costs of:
- Renting/buying workshop space for repairs/maintenance
- Hiring repair technicians
- Buying equipment/tools to carry out repairs
- Purchasing spares
- Stocking inventory
- Scheduling and coordinating preventative maintenance
If you manage multiple projects at the same time, sharing equipment between different sites may not be feasible. Renting plant and machinery is not only practical but also cost-effective.
No two projects are the same. Be it the scale, scope or requirements, each project is unique and different. That’s why it’s important to have the flexibility to source the right plant and machinery for each specific job, and that’s where renting equipment helps.
Get the Latest Technology
When you buy plant and machinery, you are stuck with it for several years and you may have to defer upgrades in order to make the most of your investment. However, when you rent plant and machinery, you get access to the latest equipment and technology.
Pay as You Use
Sometimes, a project needs a machine only for a short span, and if you have such equipment, you are making a dead investment. By renting such equipment, you only pay for as long as you are using it rather than letting a machine sit idly in storage.
Shield from Market Fluctuations
The construction industry is dynamic and several factors influence the market. Rising and sinking costs of equipment or the number of available jobs are things that are out of your control. Renting plant and machinery can help you cushion against any financial downturns or economic uncertainty. When you rent your equipment, you can easily weather the fluctuating market conditions.
Rent High Quality Construction Equipment
Here at MTS Plant, we offer a range of plant machinery to rent. Whether you are looking to rent for a week or a month, we offer a tailored rental plan to suit your needs. Get in touch with us today to discuss your plant machinery rental requirements.