Renting Vs. Buying Cranes: A Quick Overview For Construction Companies

Construction, demolition, & maintenance of commercial projects rely heavily on various types of equipment, most of which are rented as and when needed. Cranes are typically used for transporting materials, to manage demolition work, and also to repair buildings. Cranes are also required in other industries beyond construction, including factories, water treatment facilities, chemical plants, and even for roadway projects, refineries, and gas industries. If your business is looking for crane rental in California, there are several things to consider and evaluate.

Comparing the choices

Many construction companies often wonder if they should rent or buy cranes. The answer depends on the scale of your business operations. For instance, if your business deals in multiple projects, industries and requires cranes now and for at least a few years in the future, buying always makes more sense, although the upfront investment is still something to consider.

Renting is ideal for sparse needs and is more economically feasible for businesses that cannot consider buying cranes and construction equipment for varied other reasons. If you are looking for rental, make sure that you find a company that also deals in sales, so you can think of both new and used cranes available for sale.

What about maintenance?

Typically, crane rental companies in California are in charge of the maintenance and repairs of their equipment handed out to clients for different projects, but this arrangement can vary. If you are renting out, make sure that you discuss maintenance and repairs in detail, depending on whether insurance you own covers for rental equipment. Also, the condition of equipment is something to consider, because with cranes and similar products, you cannot afford to take risks.

Full-time service vs. renting out

If your company needs cranes for a project and doesn’t have a team of professionals for handling the equipment, your crane dealer can help. You can ask them for a full-service rental plan, which can be customized and designed to match your project needs. Rentals can be also offered without manpower; in which case you just pay for the equipment costs per month and nothing else.

The final cost of renting cranes depends on the duration of rental too. For extensive periods or large projects, you can expect a better deal, and therefore, you will still save money as compared to buy. It eventually boils down to finding a dealer who can offer both buying and rental options in California.

Fenix Dallon
the authorFenix Dallon