Buying Vs. Renting Material-Handling Equipment

When deciding to add material-handling equipment to your fleet, your first major decision is whether to purchase it or rent it. The following guide will help you determine whether equipment rental or purchasing is your perfect fit. If you have any questions or want to look at your model options, visit Synergy Equipment. Our expert staff is ready to help you find what you need. We offer dealerships in Florida, Georgia, and South Carolina.

Understanding Material Handlers

Before you research equipment rentals and sales, you'll want to ensure material handlers are what you really do need. This style of equipment is used to transport and store items as they make their way through the manufacturing process. They can be used to move raw materials, clear away waste, or transport the finished product.

Many industries utilize this equipment to work faster and more efficiently. For example, loggers can use them to move timber and branches around the work site. Construction, food, pharmaceutical, and retail industries also commonly use material handlers.

Benefits of Equipment Rentals

Invest Wisely

Sometimes you need equipment for a specific task that doesn't occur very often. It won't make sense to invest in buying a rig. But you don't want to turn down the project either. Equipment rental allows you to get the tool you need at a price that'll still allow you to make money. In many cases, it can be the most financially-strategic option. 

Get Equipment Tailored to the Project

Another advantage is you can easily pick a model that is ideal for the specific project. When you invest in buying a rig, you have to take a long-term approach and get something versatile enough to handle a range of projects over the next several years. With equipment rentals, you can pick something hyper-tailored for your given project since that's the only time you'll be using the rig. Maybe the current project is in a tight space, so you pick a small option with impressive agility. Maybe you need to transport a large number of items, so you focus on a model with plenty of cargo space. You can pick the equipment with the right features to be the most effective at the task at hand.

Avoid the Hassle of Maintenance

With equipment rental, you get to rid yourself of maintenance tasks and timelines. You'll save time since you won't have to do the maintenance tasks yourself or take the equipment to a service shop. You'll also save money. After all, repairs and parts replacements can get expensive in no time at all!

Benefits of Buying Material-Handling Equipment

Long-Term Savings

If you'll use material-handling equipment often, then you'll want to purchase it. Equipment rentals have smaller fees at first. But if you'll be renting that equipment often, it becomes less financially advantageous to rent. Instead, you'll want to make the upfront investment of purchasing to save money over time.

Enjoy the Convenience of Ownership

When you own the equipment, you can use it whenever you need it. You won't be reliant on the dealer's rental schedule and availability. You'll be able to conquer projects on a timeline that suits your schedule, not the dealer's. You'll also be able to skip the hassle of renting every time you need a rig for the project. Going through the equipment rental process can be tedious, especially if you go down that route often. Buying allows you to visit a dealer once and walk away with equipment to use, any time you need!

Ready to explore equipment rentals and sales? Visit Synergy Equipment for a range of choices. We can answer your questions and help you find the ideal model for your specific needs. Visit our dealerships today, which are found in Florida, Georgia, and South Carolina.