More contractors are choosing to rent the construction equipment they use rather than buy it. Equipment rental companies can save them a lot on purchasing costs. However, those savings are just the tip of the iceberg. Here are a few of the other ways equipment rentals save you in construction costs.

How Equipment Rentals Cut Costs

1. No Storage Fees 

When contractors own heavy equipment, they pay extra to have it housed in a safe and secure location. However, equipment rental eliminates this expenditure by providing you with the exact machinery you need—when you need it; the rental company bears the burden of storing it. 

2. No Service Interruptions 

When you own your own equipment, you’ll likely have to deal with it breaking down at some point. Repairing or replacing your machinery takes time and resources better spent working, which is why a rental company is a great alternative. They have a wide range of equipment available, as well as a dedicated repair staff to ensure you experience no loss in productivity. 

3. Variety of Machinery 

Going from place to place looking for the right heavy equipment for your next construction project can be time-consuming, as well as costly. However, when you rent your equipment, you’ll be privy to an extensive range of today’s most cutting-edge construction machinery, making it much easier to find the right one for the job. 

​​​​​​​4. No Maintenance Costs

In addition to storage fees, owning your own machinery can be costly due to maintenance issues, especially if you employ shop room mechanics and keep extensive maintenance records. One way to eliminate such costs and focus your resources elsewhere is by renting your construction equipment, leaving all of the maintenance to the rental company. 

When you want to cut costs on the job without sacrificing the quality of the work, hiring a rental company is ideal. Contractors’ Equipment & Service Corp in Waipahu, HI, is a one-stop shop for auto repairs, equipment rentals, and welding and fabrication. To learn more about the heavy machinery they carry, call them today at (808) 676-7566. You can also visit their website for a closer look at the services they offer.