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AM Davis Blog
Thursday, December 12 2024
The Main Benefits of Renting Equipment

There have always been benefits to renting forklifts, aerial lifts and other material handling equipment. With the advancements being made regularly, sometimes getting locked into any one type of equipment can present problems.

Over the past few years, we have seen more and more customers turning to rentals as a method to acquire equipment, as the terms can be flexible from one week, to one year, to as many years as needed. There are several primary benefits to renting equipment, and they include:

1. Cost-Effectiveness

  • Lower Upfront Costs: Renting eliminates the need for a large capital investment required to purchase forklifts.
  • Predictable Expenses: Rental agreements often include maintenance and repair costs, making budgeting simpler.

2. Flexibility

  • Short-Term Needs: Ideal for seasonal or temporary projects, such as peak warehouse seasons or one-off tasks.
  • Scalability: You can quickly adjust the number or type of forklifts based on changing operational needs.

3. Access to Modern Equipment

  • Latest Technology: Rental companies often provide newer models with advanced features, increasing productivity and safety.
  • Variety of Options: Access to different types and sizes of forklifts tailored to specific tasks.

4. Maintenance and Support

  • Reduced Downtime: Rental agreements typically include maintenance and repair services, minimizing disruptions.
  • No Depreciation Worries: Renting removes concerns about equipment value loss over time.

5. Trial Opportunities

  • Try Before You Buy: Renting allows businesses to evaluate equipment performance before committing to a purchase.

6. Compliance and Safety

  • Well-Maintained Equipment: Rental fleets are often inspected and maintained to comply with safety standards.
  • Expert Guidance: Rental providers can advise on the best equipment for specific tasks, ensuring safe and efficient operations.

7. Tax Benefits

  • Expense Deduction: Rental costs are often fully deductible as operational expenses, unlike purchased assets that depreciate over time.

8. Storage Savings

  • No Long-Term Storage Needed: Once the rental period ends, the equipment is returned, saving space and storage costs.

And just about any of the equipment we have in inventory, new, used or otherwise can be available for rent, including forklifts, aerial lifts, sweepers and scrubbers, commercial vehicles, attachments and more.

For more information on rentals, and a quote, contact us at 804-233-0051.

Learn more about renting from AM Davis

Posted by: BarryL AT 09:15 am   |  Permalink   |  Email