Why Renting is from GEAR is the Smart Way to Get Things Done
When making the decision to buy or rent, here’s something consider: renting is more profitable than buying or even leasing. The reason is simple. Profits result from using equipment, not just owning it. Renting equipment from GEAR enables you to lower upfront capital investments, thereby increasing project IRR’s.
The true cost of buying equipment includes maintenance and upgrading outdated equipment, which means what you spend can actually be many times the sticker price in the end. When you rent from GEAR, you get a full 360 degree Equipment Service solution, wherein we perform a high quality service using Equipment best suited to your needs.
Here are a few more advantages to renting:
- No maintenance or breakdown costs
Our Equipment Service fees include full maintenance. No spare parts, no repair shop, no mechanics, are needed. These things add significantly to the purchase price of equipment. And let’s face it, almost every piece of equipment breaks down occasionally. When our equipment breaks down, we replace it at no cost to you, saving you the cost of lost time while you wait for repairs.
- We’ll Store Equipment for You
Some contractors are actually able to operate successful construction businesses without spending the Rupee required for warehousing their own equipment. They rent instead, and their rental yard stores the equipment safely.
- Bid on Out of Town Contracts
Outsourcing equipment to us means considerable savings when heavy gear doesn’t need to be transported hundreds of miles. Outsourcing means equipment is available when and where it’s needed.
- Track Your Costs Effectively
We provide an invoice showing exactly how much you spent using your outsourced equipment. This provides excellent information when tracking costs of any job.
- Inventory Control
Outsourced equipment is tracked through our billing system. The knowledge that someone is always aware of where tools are, reduces loss due to pilfering, resulting in savings for the contractor.
- Top Quality Equipment
The competitive marketplace means manufacturers are turning out faster and better equipment. We must stock the latest and best models to compete in our industry, providing a tremendous advantage to a contractor who is not burdened with equipment that is nearing the end of its usefulness. We also spare you the need to dispose of old equipment, which also costs you time and money
- The Right Tool for the Right Job
Owning equipment can force you into a “make do” situation if the tool in question doesn’t meet specific requirements for the job. Outsourcing means the right equipment is always available.
- Own Only What You Need
No contractor wants equipment to lie idle. The availability of top-quality rentals means you can buy the equipment you use most often and more specialized tools can be rented as needed, thus minimizing idle time and cash today.
- No Extra Costs
You don’t have to pay personal property taxes or license costs attached to rented equipment which add to the price of ownership.
- Free Up Capital
Owning equipment ties up a significant amount of capital. Outsourcing frees capital for more profitable uses.
- Increase Your Borrowing Power
Outsourced equipment doesn’t show up as a liability on a contractor’s bottom line. Your banker will love it, and you will have more leverage in securing the bonds necessary for construction work.