When Is It Better To Rent A Crane In Houston Than Buy One
By Martin Newsome
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.
Keeping heavy equipment in good working order and in compliance with all the safety guidelines can take a lot of time and money. Repairing the pieces when they break down is even more expensive. Instead of spending your own money, it is often preferable to lease the equipment and leave maintaining it to someone else. Most rental companies will require businesses to sign a maintenance contract, but that is certainly more affordable than having a full time maintenance crew on staff.
When you are dealing with heavy equipment, safety is always a concern. Renting the pieces that are independently maintained, repaired, and certified to have met all required safety rules and regulations, takes the responsibility out of your hands. If the equipment breaks down, you can call the company to have their own people inspect the equipment and evaluate the problem.
By renting cranes, instead of purchasing, you will have the convenience of being able to swap one out if the job demands it. You never know when a situation will arise where you will need another type of crane for some reason. You certainly don't want to have to purchase an expensive item for one time use. In the event that your crane goes down and needs repair, you will be in a situation where you are forced to rent one anyway while yours out of commission.
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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