Plant hire is becoming increasingly popular in the construction industry. And this is because construction companies need different types of machinery to complete both large and small site operations, without the headache of having to sort plant themselves.
If you find yourself asking “Why would I hire equipment rather than just buying it outright?” Renting plant machinery has a lot of advantages over buying it and being cost-effective is just one of the many benefits.
Here are 5 advantages, as outlined in this article…
#1: Plant Hire Equipment Is Cost-Effective
One of the most appealing reasons to hire plant equipment rather than buy is the large cost savings.
Initial machinery purchase expenses can be extremely high, and taking out loans or hire purchase agreements is not always the best option because they require regular payments, which can negatively affect your cash flow.
Plant hiring is significantly more cost-effective because you just pay for it when you need it.
If you buy, you’ll have to pay for all of your equipment’s servicing and upkeep. When you hire machinery, the plant rental firm is responsible for maintaining and servicing the machinery, so you don’t have to worry about anything – or experience downtime because repairing can become costly.
Keeping Costs Low
Furthermore, keeping expenses low is critical to getting the most out of a project. The last thing you want is to spend money on equipment (or on repairs) only to wind up with a lower profit than you anticipated.
On projects, maintaining costs – can be beneficial, so start by eliminating any needless expenses, such as purchasing machinery when you can hire it instead.
Construction equipment is not cheap. You might be out by hundreds or thousands of pounds if you include the purchase price, potential insurance payments, and any repairs you’ll have to make. As a result, purchasing new equipment is an expensive commitment; you must be sure that you will see a return on your investment.
#2: Having A Large Selection Of Hire Equipment
You’ll have the advantage of being able to choose from a big selection of machines from a plant hire company like ReHire UK.
When you buy equipment, you’re stuck with it and may have to use it for jobs it wasn’t designed for, resulting in an average performance at best, and broken, expensive equipment at worst.
When you rent equipment, you can choose from a variety of machines to meet your specific needs.
This also implies that you have a vast selection of products in each category to pick from.
#3: High-Quality Plant Hire Equipment
Due to new machinery being so expensive, you may have to make a compromise and acquire used equipment. You can get lucky and end up with a fantastic piece of equipment, but you might not because the reliability of second-hand items can vary.
You can avoid this difficulty by hiring. To begin with, you can be confident that any equipment you rent has been thoroughly inspected by professionals and is in good working order.
The machinery is also tested and serviced on a regular basis to ensure that it remains in good working order.
Hiring also allows you to get your hands on the highest-quality machinery that would have been difficult to purchase outright.
Your construction will then benefit from a higher level of workmanship than you would likely receive if you purchased your own plant with lower requirements.
#4: Flexibility With Your Construction Project
When you hire plant, you may be considerably more flexible with your construction project. If your ideas alter in the middle of a project, you may discover that you are missing a piece of equipment that is required to complete it.
This may cause the entire process to be placed on hold while you search for the appropriate equipment.
You can also end up wasting money on machinery that you don’t actually need. Instead of buying construction equipment, you can have flexibility by hiring it and picking and choosing what you need, even if you’re in the middle of a job and realise you need something else.
#5: Avoid Depreciation And Storage Issues
Machines depreciate over time and lose value as a result of their use. Even if everything is in working order, you must plan for replacement as your plant ages.
Given how quickly technology evolves, the equipment’s resale value may be far lower than anticipated. Furthermore, when you no longer require the equipment, it will remain in your storage, even if it is no longer useful to you.
Because plant equipment requires a significant financial investment, you should only buy it if you require it on a regular basis.
By hiring, you don’t need to worry about where the machinery is going to be stored and when you’re going to need to get it replaced, it’ll just get delivered to where it needs to go.
When you rent machinery, you can take your time and compare prices, brands, machinery and packages—making sure that you get exactly what you need.
Plant hire is the solution for many construction companies when it comes to machinery, tools and other equipment. Giving all construction companies access to high-quality options, bespoke equipment packages and a cost-effective solution.
Sit back and let ReHire UK do the work for you, with a combined experience of over 75 years means we can help source the best equipment at the best price.
About ReHire UK
With access to over 10,000 high-quality products, ReHire UK can provide their clients with the machinery they require, anywhere in the UK.
Already supplying customers within the Construction, Energy, Industrial, Retail and Infrastructure sectors, ReHire UK can even offer same-day delivery on some products whilst next day delivery on most.
From groundworks to powered access, tool hire to lifting equipment, generators to security, the ReHire UK network can provide anything from a paddle mixer to the largest truck mount.