Renting vs. buying telehandlers – which one is better?

Being the owner of a company in the construction industry comes with both responsibilities and benefits. It is true that you can make some good profits out of the activities your company provides, especially if you have well-trained and professional employees, but you also have to consider some important aspects, such as the machines with which your employees should perform their activity. If you mostly have outdoor projects, machines such as telehandlers are a necessity for your company. You can look for places where to rent telehandlers or you can buy them. If you do not know which option to choose, here is some useful information to help you make the right decision.

Renting – a cheaper alternative

Renting machines such as telehandlers is one of the most cost-effective choices to make for your company. This is highly recommended to construction companies that mostly develop indoor projects and only once in several months have outdoor projects. It is not a good idea to buy machines such as telehandlers if you are not going to use them frequently. You need a proper place to store them, because if you leave them outside for too long, they might get deteriorated due to bad weather or sun. There are numerous companies on the market that provide rental services when it comes to construction machinery, so all you have to do in this case is some research on the internet.

Buying – a long-term investment

On the other hand, if your construction company receives mostly outdoor projects, buying a telehandler is definitely a better choice. You would not want to look for rental companies every month in order to develop your activity properly, not to mention that the amount of money you would spend on renting the telehandler might even exceed the amount of money necessary for actually buying a machine in this case. What is more, there are two buying alternatives from which you can choose the one that best matches your company’s budget. For instance, if the company you own is quite small and you do not have enough money to spend on a new telehandler, you can opt for a used one. There are numerous auctions and fairs where you can find telehandlers that are in very good shape and at quite reasonable prices. However, if you want to avoid any unpleasant situations and to benefit from a warranty certificate, buying a new one is probably a better option. Even though this means you might have to spend more money on the machine, it is all worth it in the end.

Choose what best fits you

As you can see, these are both the advantages and the disadvantages of renting a telehandler and buying one. You have to think very well which one of these two is the best solution for your company. You have to take into account the budget for such an investment and not put in danger other expenses within the company. Whether you decide to rent a machine or buy one, it is highly important to do some detailed research online and select a professional and reliable company.