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"Trends In Owning vs. Renting Construction Equipment"
Whether it is better to own equipment for your projects or to rent the equipment is not always obvious. But by evaluating key costs and utilization metrics, the answer becomes clear. Andy Agoos evaluates the own versus rent decisions for core construction equipment in this exclusive whitepaper from Neff Rental. |
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| In this whitepaper you will learn how to properly evaluate: |
- Equipment utilization
- Cost of ownership
- Financial Flexibility
- Fleet maintenance
And more!
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| Read an excerpt from the whitepaper: |
| "Rental companies tend to replace their core construction equipment every five to six years, and generally do not retain equipment past two models, whereas companies that own their equipment will likely retain their equipment for as long as it is economically feasible. Where most rental companies generate an average of 800 hours on core construction equipment annually, contractors average around 1,500 hours annually. Higher hours of annual utilization results in increased maintenance costs and ultimately more downtime." |
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Download this FREE whitepaper:
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About Andy Agoos
- Over 30 years experience
- Managed fleets of equipment as large as 15,000
- Responsible for equipment decisions at two of America’s largest construction contractors
- VP of Fleet for one of the largest US equipment rental companies
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