How to Save Money On Construction Equipment Rental

Companies strive to cut costs and increase profits without cutting corners. The construction industry is no stranger to the price of labor and materials continuing to increase while their profit margins shrink. One area to consider saving money is through your construction equipment rental. You know that renting can be cheaper than buying, but do you know that you can still save more? Building a relationship with your trustworthy rental company is the first step in keeping more money in your company’s coffers.

5 Money Saving Tips for Your Construction Equipment Rental Orders

Talk with your preferred equipment rental company about your options. They can show you ways to reduce your costs with these tips:

  1. Choose the right equipment for the job. You’re wasting money if you choose a full-sized bulldozer when a skid steer works. A bulldozer is more expensive to rent and uses more fuel. On the flip side, you don’t want too small of a machine either. You may spend more time on the job than you initially budgeted for and pay more in rental rates. Think about it like the “Goldilocks and the Three Bears” story – not too big, not too small. You want a machine that is just right.
  2. Confirm what the rental rate covers. Inquire with the equipment rental company about what the rental rate covers. With some providers, you may be in for nasty surprises. What seems like a cheap rate is laden with extra fees that are more expensive than from the company that may charge slightly higher rates that encompass more costs in the base construction equipment rental price.
  3. Ensure the equipment is insured. Accidents happen all the time, and they can be costly. It’s wise to look at what your company’s insurance policies cover. They may extend to rental equipment so you don’t have to purchase extra if you don’t want to. You don’t want to pay out-of-pocket for what insurance covers.
  4. Take a closer look at how the rental rate is assessed. Equipment may be rented by the day, week, or month. It may be less expensive to rent by the month and knock out several jobs than to rent for a day or two each week for the month. You also don’t want to keep machines longer than necessary so it’s a good idea to plan ahead.
  5. Ask about negotiating for inclement weather. The construction industry is in a never-ending battle with Mother Nature. Often, she wins, meaning you may have rented construction equipment sitting for days while it rains. Talk to the rental company about possibly negotiating for inclement weather.

Ready to Save? Get Help from a Reliable Construction Equipment Rental Company

 

How do you know which lift will work best for your projects? When should you choose a telehandler over other options? The team at Puckett Rents can help. We have a variety of types and sizes of equipment for all your construction job needs. For your next project, let’s talk about the best skid steer, bulldozer, man lift, or telehandler. We can help you stay on budget and still utilize quality equipment. Learn more when you call us today.

Call our team for your man lift and other construction equipment rental needs 24/7 at 800-736-8228 or 601-939-5151. You can also fill out our online form with your questions, and we will respond promptly.