5 Reasons to Rent an Excavator Instead of Owing One

For heavy construction work, nothing beats having diggers and excavators on hand for the job. Owning and maintaining this type of equipment, however, presents a few challenges. If you want all the benefits without the hassles of ownership, consider renting instead. Here are 5 reasons why it’s often more practical to rent an excavator instead of buying (and maintain) one.

1. Save money. Excavators are very versatile machines with a lot of uses and can do multiple tasks. They are however, hugely expensive—and the cost of buying one may not be justified especially for smaller projects which may not earn enough to offset the price of the machine. Renting this piece of machinery is often the more practical choice for contractors as it is more cost effective and will not require a heavy investment.

1. Heavy machinery like excavators take a lot of effort to maintain as they are complex and require constant care. Hiring your equipment means you don’t have to worry about long term maintenance costs as you pay only for the time you use the machine, you never have to shoulder the costs or maintenance or play for repair and parts replacements. What’s more, when you rent your excavator from a reliable company, you can always be sure that the equipment you are getting is well maintained and ready to work.
2. Buying your own machinery requires a long-term investment. You have to consider when you have to sell it eventually, and how much you can get out of it. Equipment value drops as soon as you buy it. Its value gradually depreciates over time, so you definitely will not get all your money back on your initial outlay. You don’t have to worry about this when you choose a rental.
3. As an investment, buying equipment means tying up a big chunk of your money on one piece of machinery. When you rent, you can preserve your capital and use it for other projects.
4. As you can hire equipment only as you need it, rentals offer your company more flexibility in terms of your budget. Rental equipment diminishes your initial financial outlay and reduces the risk of having a piece of equipment you won’t be able to use for another project.

Mega Contracting Ltd. is a Saudi based construction company that has been working in the industry since 1980. They offer high end heavy machines and equipment on a rental basis along with services related to sheet piling, de-watering.