You Really Want to Buy that Scissor or Boom Lift: Purchasing a scissor lift or boom lift to allow your employees to reach high locations securely may seem to be a no-brainer, but you should give this purchase careful consideration before taking out your credit card. There are several advantages to renting rather than purchasing this large piece of equipment.
Investing in a new elevator might have a significant impact on a company’s bottom line.
On average, a scissor lift costs between $10,000 and $15,000. The larger ones might cost up to $50,000. A boom lift with a working height of 30 to 40 feet costs about $25,000 on average. Prices vary from $20,000 to $40,000 if purchased secondhand. New heavy-duty boom lifts may cost between $100,000 and $200,000.
Is this something your company can afford? Is anybody interested?
The cost of renting an elevator has significantly decreased. A scissor lift usually costs between $100 and $150 a day to hire. A week’s stay typically costs between $350 and $500. The majority of boom lift rentals go between $250 and $400 per day. Prices for a week’s rental from reliable rental businesses range between $1,000 and $1,500. BigRentz is simply one of several businesses that provide lower monthly rates.
Renting is an excellent choice for parties on a limited budget since the price disparities are so large. It allows the organisation to produce more money and invest in new areas.
You have modern tools at your disposal.
After investing in a boom lift or scissor lift, you’re unlikely to want to replace it very soon. Nothing, however, surpasses the excitement of testing out a brand-new gadget for the first time. Lift manufacturers are always striving to make their products safer, simpler to use, more environmentally friendly, and more efficient. To keep ahead of the competition, rental companies often have to purchase brand-new equipment. Renting rather than buying allows you to check out the latest devices without breaking the budget.
Renting saves money on repairs and maintenance.
When you walk in, you shouldn’t only stare at the price tag. Lifts that are owned must be maintained to ensure that they continue to function and last as long as feasible. If they break, you’ll have to pay to have them repaired.
These are expenses that you may not have to incur if you leased instead. Long-term tenants may be required to pay for repairs and upkeep if their contract states so. Nonetheless, upkeep is sometimes the responsibility of the rental agency. You won’t have to pay for the lift’s repairs unless it was your fault.
Businesses may be cautious to rent equipment since it costs money to do so repeatedly. However, landlords must maintain up with repairs and upkeep, something most renters do not consider.
You should not be concerned about the loss of value.
When you purchase a new elevator, you immediately lose money. You might save up to $35,000 if you purchase a secondhand conventional boom lift instead of a new one. In addition, the value of a scissors lift decreases. Even if you just use elevators occasionally, these losses may worry you.
Keeping a piece of equipment just makes it more difficult to recoup your investment and costs you more money in maintenance and repairs. If you opt to rent, though, you will not have to worry about this.
Stop worrying about transportation and storage.
It is difficult to manage the logistics of a fleet of boom lifts and scissor lifts. Lifts may spend some time outdoors, but they will need a secure location to rest while not in use. Businesses, particularly those in major cities and small villages, may have difficulty finding suitable locations for their operations. Renters seldom consider how much storage space they need. They don’t need a permanent solution since they will only store the lifts for a limited period.
If you wish to utilise your own lifts, you must transport them from a storage facility to the construction site. Lift transportation takes a long time, and in business, efficiency is vital. People will be less productive while waiting for the elevator. Elevator rental firms often perform deliveries as well. BigRentz and other trustworthy rental firms have time-tested transportation practises that reduce downtime.
If your company rents, you may have additional alternatives.
Making a business strategy might help you prepare for the uncertain future. When you rent, you have greater flexibility to adapt to the demands of your company. If things are going well, you may be able to rent out extra elevators. If your company need additional space to expand, you may even rent a warehouse on the opposite side of the nation. If business is sluggish, you may reduce the number of automobiles you hire or perhaps cease renting altogether. Similarly, the kind and model of equipment you utilise may vary based on the demands of a project and the amount of money available to the organisation. There are several possibilities.
Visit BigRentz.com now to begin renting heavy equipment or to learn more. If you rent anything online, you might save up to 20% on delivery and pickup.
