Factors Influencing The Cost Of Renting Heavy Construction Equipment

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Removing a Damaged Tree from Your Yard

A couple of months ago, my husband’s beloved grandfather passed away. Thankfully, this wonderful man lived a long, happy life. After his death, my mother-in-law decided to clean up her old childhood home. The first thing on her to-do list was removing a gigantic, damaged tree from the yard. Because she was uncertain about completing the task herself, she enlisted the help of a friend who owned some heavy construction equipment. This individual was able to cut the tree down safely and easily remove the tree from the premises. If she had not had access to reliable, heavy construction equipment, my mother-in-law would have worked for days uprooting the tree. On this blog, I hope you will discover the best types of heavy construction equipment to use when removing damaged trees from your property. Enjoy!


Factors Influencing The Cost Of Renting Heavy Construction Equipment

12 January 2023
 Categories: , Blog

Success in the construction industry largely depends on how well you manage your finances. If your construction company currently faces uncertain business activity, it might not be the best time to expand your arsenal of heavy construction equipment. 

Heavy equipment purchase is a capital-intensive proposition that may leave you without enough money to meet your business's operating expenses. But with equipment rental, you can get what you need without bearing the costs associated with equipment ownership. However, be prepared to pay an all-inclusive rate for your equipment rental. 

Read along to learn about the various things that will affect the cost of heavy construction equipment rental.

Equipment Type And Size

When it comes to construction projects, there's a machine for every task. As a result, construction equipment rental companies offer a diverse range of equipment types and sizes, including mini excavators, backhoe loaders, bulldozers, cranes, cold planers, and dump trucks, to suit different applications.

Different types of equipment are rented out at different rates, depending on their size and uses. For example, it would cost you more to rent a large excavator than a mini one due to the increased digging depth and speed. 

Equipment Transportation

Equipment rental companies consider the cost of equipment transportation when pricing your rental. Transportation costs for equipment largely depend on the type and size of the equipment you need and the location of your construction site.

The larger the size of your equipment and the farther your work site is from the equipment provider's location, the higher your transportation costs will be. To save money on transportation costs, consider getting what you need from a company near you. Minimizing travel distance is a smart way to reduce transportation costs.

Hire Period

How long do you intend to keep or use your rented equipment? The duration of your equipment rental is another factor that will impact the total cost of your equipment rental. The longer you need to keep the equipment, the more you'll need to pay for it.

The good news is that most companies offer discounted rates to clients who rent their equipment for longer periods. As a result, you can save more money on long-term rentals than short ones.

You can't do without heavy equipment — it's indispensable to any construction business. If your business situation doesn't allow you to buy the equipment you need, equipment rentals can help keep your business going strong. 

Look for heavy construction equipment for rent near you.