Rock Breaker Rental vs. Purchase: How to Choose the Best Option for Your Business Needs
Rock Breaker Rental vs. Purchase: How to Choose the Best Option for Your Business Needs
Blog Article
In construction and mining, deciding whether renting or buying a rock breaker can be a difficult one. This post will go over the benefits and drawbacks of renting versus purchasing a rock breaker as well as the factors to take into account.
Rock Breaker: What Is It? A rock breaker is a hydraulic hammer that can be mounted on an excavator, allowing it to crush boulders, concrete, and other tough materials that cannot be broken with conventional tools.It is an integral piece of equipment in any construction project and demolition contractor.
When Should You Rent a Rock Breaker?
Renting a rock breaker is your best option to down the costs when:
Short-Term Projects: Renting is a great way to save money, especially if the equipment is only needed for a short time or project.
Budget Restrictions: Renting is more viable than paying for an expensive piece of equipment, other companies have equipment costs over radiuses for construction. They do not have the financial capability to pay thousands (depending on the size of the Rock Breaker) upfront to purchase one.
Testing before you buy: When deciding whether to rent rock breaker, it is a great way to have the field/take various models for a test-drive before the decision of purchasing the correct breaker can be decided.
When Should You Buy a Rock Breaker?
Buying is better when:
Frequent Use: If your business requires a rock breaker on a regular basis, purchasing it may save money in the long run.
Long-Term Investment: Owning your own equipment allows you to avoid rental fees. It may be more cost-effective in the long run.
Rental Cost vs Purchase Cost-Up Front Cost: Rentals have a lower up-front cost, but rental fees can add up quickly. When you purchase a piece of equipment the up-front cost is high, and you will incur additional rental costs for the initial rental time.
Ongoing Cost: Even though you own your machine you have maintenance and storage costs; rent and everything is included but you usually don't have to worry about maintenance costs for rented equipment.
Maintenance and RepairsRentals: Renting equipment typically includes maintenance from the rental company.
Purchasing: If you own equipment, it is your responsibility to maintain, but if it is kept in good working order - it will last many years!
Hidden Costs: Storage and TransportRentals: Most rental agreements include transporting rental equipment and storage space, which should save you time.
Buying : If you are the owner of the machine, you will have to handle your own transport and storage. Carrying costs.
Renting: If you rent a machine you get the ability to choose a different machine each time for your various different jobs and keep the right equipment on the job site when you need to, usually, you rent and transport all rented equipment without the worry about using your own goods.
Benefits of Buying A Rock Breaker
Long Term Savings: You will own equipment instead of rental equipment, therefore will not incur rental costs, multiple times or transportation and storage.
Cost Free Equipment: No charges worying about events like damaged equipment when you own the in spec unit but you do need to consider repair cost of owning your own equipment and your worry about dealing with returns or rental weekly arrangements.
Selecting the Correct SupplierRegardless of whether you choose to buy or rent:
It is wise to use a reputable Rock Breaker Supplier who delivers exceptional equipment at an affordable price with great customer service.
Things to Think About Before Your Decision:
Project Length: Is it a short term or long term?
Budget: Can you afford to purchase, or is renting a more attractive option?
Storage and Transport: Do you have a plan and ability to store and haul a rock breaker if you own it?
Conclusion:
Ultimately, deciding to rent or purchase a rock breaker comes down to your specific business needs, the length of the project, and your budget. In the end, weighing all of the factors involved will help you make the right choice