{"id":15198,"date":"2023-04-07T11:51:49","date_gmt":"2023-04-07T11:51:49","guid":{"rendered":"https:\/\/carolinacat.webpagefxstage.com\/construction\/?p=15198"},"modified":"2024-08-12T13:08:16","modified_gmt":"2024-08-12T13:08:16","slug":"rent-vs-buy-heavy-equipment","status":"publish","type":"post","link":"https:\/\/carolinacat.webpagefxstage.com\/construction\/rent-vs-buy-heavy-equipment\/","title":{"rendered":"Rent vs. Buy Heavy Equipment – Weighing the Pros and Cons"},"content":{"rendered":"

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When you’re in construction, the decision to rent or buy equipment is vital. Whether renting or buying is the right move depends on several factors, such as how often you use the machine and how readily available it is on the rental market. Your choice must also make financial and operational sense to benefit your business.<\/p>\n

Both options have pros and cons, and you should understand each before making this important business decision. This article examines the options to help you decide which works best for you, renting or buying equipment.<\/p>\n

Pros of Buying New Equipment<\/h2>\n

Purchasing new heavy equipment is an investment that provides your business with an asset. Some advantages of buying equipment include the following:<\/p>\n