Used Bulldozers: Rent vs Buy
Bulldozers are pieces of heavy equipment that you normally see in construction sites, just like the excavators, backhoes and motor graders. They have big blades in the front and run on tracks (not wheels), so these equipment have great traction under the ground. Their common uses are for earthmoving, road building, building construction and demotion. These machines carry high price tags with them so that owners of construction companies are opting to obtain used bulldozers when their projects need one.
If you are a business owner that have construction project and there is a need for a used bulldozers, you need to make a decision on whether to buy or rent. To be able to arrive at a wise decision, you should make cost comparisons of renting vs owning used bulldozers. Consider the life of the equipment and the time that the equipment will be used in a project.
Why Rent
Renting a used bulldozer is a good option if you need to use it for only a certain phase of your project and you don’t foresee further use of it in future projects. When you rent, you don’t have to worry about financing its purchase which reaches six figures. Plus you are assured that the bulldozer that you get has been tested and is in its optimal level of performance. Why? You may ask. It is because used bulldozers undergo routine maintenance and repairs before, during and after renting it, all at the expense of the renting company. And you don’t get locked into this big asset that gets devalued quickly, paying for its storage and maintenance even if it is not being used/
Why Buy
In the meantime, if your company is regularly getting projects and you expect the bulldozer to be used for a long period of time, and you have the financial capacity to buy a used bulldozer, then purchasing would be a better option than renting. You should just be able to find a good deal on a used bulldozer. You should first know the type and model of the equipment that you need. Read the newspaper ads or attend auctions in your area. You may search online for your needed used equipment, but before you make an offer, make sure that you or your employee see it first and have it inspected.
The other local construction companies may have a bulldozer that they put up on sale, so better talk to them and inquire.
Finally, when you need to decide to rent vs buy a used bulldozer, just don’t forget that you have options. Buying it enables you to become the owner of the equipment and use it whenever there is a need for its use. In renting, you can control your expenses and you can have a more financial leeway than buying, because renting can save you tens and thousands of dollars and there is no need to sacrifice the quality and functionality of your project needs. You still get an equipment that is well maintained, one benefit that you need, considering the present economic situation.
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