{"id":25,"date":"2017-02-23T11:16:45","date_gmt":"2017-02-23T16:16:45","guid":{"rendered":"https:\/\/www.eaglepowerandequipment.com\/blog\/?p=25"},"modified":"2018-09-17T10:59:44","modified_gmt":"2018-09-17T15:59:44","slug":"rent-or-buy-the-heavy-equipment-dilemma","status":"publish","type":"post","link":"https:\/\/www.eaglepowerandequipment.com\/blog\/2017\/02\/rent-or-buy-the-heavy-equipment-dilemma\/","title":{"rendered":"Rent or Buy: The Heavy Equipment Dilemma"},"content":{"rendered":"<p>One of the great debates in our industry is whether to rent or buy heavy equipment. Since this is a common struggle among our customers, we want to offer some advice to help you answer this question.<\/p>\n<p>Below are some of the questions you should ask yourself to simplify the decision-making process. By the way, if you decide to buy, we\u2019ll help determine whether you should look at <a href=\"https:\/\/www.eaglepowerandequipment.com\/sales\/equipment-new.php\">new construction equipment<\/a> or <a href=\"https:\/\/www.eaglepowerandequipment.com\/sales\/equipment-used.php\">browse our inventory of used heavy equipment<\/a>.<\/p>\n<p><strong>For how long, and how frequently, will you use the equipment?<\/strong><\/p>\n<ul>\n<li>Obviously short term is better left to a rental, but even if you\u2019re using the machinery part time, renting may be the best option. If it\u2019s a recurring job over several months, or several jobs that require the same equipment, then purchasing is probably a better bet.<\/li>\n<\/ul>\n<p><strong>What\u2019s the cost of renting vs. buying?<\/strong> <!--more--><\/p>\n<ul>\n<li>Compare rental fees with the costs of ownership. Don\u2019t forget things like maintenance, operating costs, interest or financing rates, insurance fees, potential tax breaks, and potential return on investment when you go to sell.<\/li>\n<\/ul>\n<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-28\" src=\"https:\/\/www.eaglepowerandequipment.com\/blog\/wp-content\/uploads\/2017\/02\/takeuchi-tl12-300x225.jpg\" alt=\"2013 TAKEUCHI TL12\" width=\"300\" height=\"225\" data-size=\"426x319\" srcset=\"https:\/\/www.eaglepowerandequipment.com\/blog\/wp-content\/uploads\/2017\/02\/takeuchi-tl12-300x225.jpg 300w, https:\/\/www.eaglepowerandequipment.com\/blog\/wp-content\/uploads\/2017\/02\/takeuchi-tl12.jpg 426w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/> Where is the job?<\/strong><\/p>\n<ul>\n<li>If the equipment is at your business\u2019 location, but the job is off site, how are you going to move the equipment to the job site? Don\u2019t forget to factor in any transportation costs to move the equipment.<\/li>\n<\/ul>\n<p><strong>Used vs. new<\/strong><\/p>\n<p>If you determine a heavy equipment purchase is in your future, then you\u2019ll want to decide whether to buy used or new. Here are a few recommendations for each situation.<\/p>\n<p><strong>Buying new heavy equipment<\/strong><\/p>\n<ul>\n<li>If you\u2019re looking for the newest features, a consistent budget, or are operating the equipment heavily and frequently, then new may be the choice for you.<\/li>\n<\/ul>\n<p><strong>Buying used heavy equipment<\/strong><\/p>\n<ul>\n<li>If you are looking for a lower up-front cost, don\u2019t require all the latest bells and whistles, or are using the equipment less frequently, then consider going with quality used construction equipment. Established dealers like Eagle Power &amp; Equipment stand behind their products, and we even offer a purchase protection plan when equipment meets certain age and hours limits.<\/li>\n<\/ul>\n<p>We hope this helps with your decision whether to rent or buy. We understand each situation is unique, so if you still have questions or would like a recommendation, give us a call at one of the numbers below.<\/p>\n<p>Montgomeryville PA \u2013 215-699-5871<\/p>\n<p>Eagle PA \u2013 610-458-7054<\/p>\n<p>New Castle DE \u2013 302-652-3028<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the great debates in our industry is whether to rent or buy heavy equipment. Since this is a common struggle among our customers, we want to offer some advice to help you answer this question. Below are some of the questions you should ask yourself to simplify the decision-making process. By the way,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":26,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,13],"tags":[9,16,14,15],"class_list":["post-25","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-heavy-equipment","category-used-heavy-equipment","tag-heavy-equipment-sales","tag-rent-or-buy-heavy-machinery","tag-renting-construction-equipment","tag-used-construction-equipment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rent or Buy: The Heavy Equipment Dilemma - Eagle Power &amp; Equipment<\/title>\n<meta name=\"description\" content=\"One of the great debates in our industry is whether to rent or buy heavy equipment. 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