All around the world, cranes have become the most critical piece of equipment in various industries like steel industries, cargo, mining, transportation industries, to name a few. However, one of the first questions that people ask is whether it’s better to engage a crane rental company or purchase a crane for their business. If you, too, can’t decide which one you should choose, you can read this blog to weigh the pros and cons of both these options. This will help you make an informed decision.
Should You Buy or Rent Cranes?
Advantages of Renting a Crane
As mentioned earlier, renting a crane is not only a cost-effective option but also allows you to focus on your projects, rather than having to worry about the long-term return on investment. Added to that, you can transport the rental cranes to various work locations and you won’t even have to worry about it as it’s the responsibility of the crane rental company you engage. The professional operators handle all the complexities that you occur during transportation.
And do you know the best thing about renting a crane? If you get confused while choosing the right crane for your job, the experts are always there to evaluate your site and recommend the best crane for the job. Let’s take a quick look at the various benefits of renting a crane.
- Protection from Market Volatility
Hiring a reputable crane rental company cushions your business against unfavourable, unexpected financial slumps that may turn up. Moreover, rather than compromising on a single piece of equipment, renting cranes provides flexibility, making it easier for you to handle the business fluctuations.
- Cost-Effective
Considering the high cost of purchase and maintenance, renting a crane is economically feasible and you also get a wide range of cranes to choose from. Added to that, when you rent a crane, you can choose how long you want to keep the equipment for your project. Put simply, instead of a large investment, you will only have to pay for the duration of time you’re using the crane. Sounds fair, right?
- Choose from a Vast Range of Equipment
There are various types of kinds that are ideal for a specific job. If you live near Perth, some of the most popular ones include all-terrain cranes in Perth, mobile, rough terrain, tower, and overhead cranes, among others. Now, just imagine what will happen if you buy the wrong crane for your project. Well, it will invite unwanted consequences. On the other hand, when you hire cranes, the crane rental company provides you with insight into their service offerings and helps you find a crane that meets your requirements.
- Get Trained & Qualified Operators
When you engage crane rental services, you don’t have to take out extra time to find trained and professional crane operators. The team comprises licensed and well-trained operators who can efficiently and professionally deal with crane operation procedures.
Buying a Crane? Remember These Points!
One of the major disadvantages of having your own machines like cranes is that you have to be prepared to spend money on maintenance. Even when you are not using them, you need to make sure they are in good condition. Here are some of the disadvantages of buying a crane:
- You will have to pay for all the repairs, maintenance, and inspections.
- You need to find well-trained and experienced crane operators
- Storage and transportation costs are to be covered by your business
- You won’t have access to a wide variety of cranes
Wrapping Up
So, now that we have discussed all the necessary points, you might have already understood that hiring a crane may be the better option. Being the leading crane rental company, ABC Crane Hire maintains a large fleet of modern cranes and provides solutions for all lifting requirements. To know more, call 0895245502.