When Is It Better To Rent A Crane In Houston Than Buy One
By Paul Jones
It doesn't necessarily make sense for businesses, that occasionally need cranes, to actually own fleets of them. Sometimes it can make more sense to lease one and decide later whether or not it makes economic sense to purchase one or more. There are a number of good reasons why Texas businesses prefer to Rent A Crane In Houston than to own one.
It is not unusual for cranes to cost in excess of five hundred thousand dollars. Owners have to decide if purchasing one will save money, over time, as opposed to renting regularly. For businesses that use different types of cranes, the expense is potentially enormous. Renting them is not cheap either. One usually runs several hundred dollars an hour.
Another potential savings businesses have by renting cranes, is that they can hire operators for them who know the specific piece of equipment, are certified to operate it, and are being paid by the equipment owner. Even if you are a certified operator yourself, having somebody else running the equipment leaves you free to manage other areas of the job site.
Along with ownership of equipment comes maintenance and repair. This can get complicated and expensive. You will have to hire someone experienced to work on the equipment, and you will have added insurance to cover damage, theft, and injury. Rental companies normally require owners leasing equipment to sign a maintenance agreement, but it comes at a much lower price than a full time employee.
When you rent equipment from a reputable company, you don't have to worry about safety on the job. The cranes they rent are maintained, repaired whenever needed, and meet all the specified safety guidelines. If you do have problems with a piece of equipment, the company will send an expert to inspect it, make an evaluation, and offer you all the available options.
If you decide to make the investment and purchase a piece of heavy equipment, you may find it is not always the right equipment for the job at hand. It is not unusual to get to the job site and find that the size crane you thought you needed is too big or small to handle the work. If you are renting, it is an easy thing to swap out one piece of equipment for another. The same holds true if a crane breaks down. Rented equipment can be quickly replaced.
You may have a job that you thought could be handled without using special equipment. Circumstances can change however, and you can get caught in a situation where your crew is unable to handle the job manually. Renting a crane can be done quickly, and you can meet your deadlines.
Having your own equipment is great. Being able to afford expensive cranes can be a symbol of success. Unless your business demands heavy equipment on a regular basis however, it probably makes more sense to rent.
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