Plant hire is becoming more and more common in the construction industry due to the benefits it offers over purchasing your own equipment.
Keeping initial costs down...
The main reason for hiring plant equipment for a construction job is saving money. Purchasing new or old comes with a significant financial burden, whether that is a large up-front cost affecting cash flow or a long-term loan with interest.
Hiring allows you to avoid such a severe financial burden, easing up cash flow with a smaller cost to the business that is only incurred as and when required for a particular construction job.
...But it doesn't stop there
Large pieces of machinery require regular servicing and repairs, some of which can work out very expensive. They also depreciate in value extremely quickly if you want to sell them again, and storing these large pieces of equipment can also be very costly!
In short, there are numerous considerations to be made when purchasing plant equipment. Hiring avoids all of the above problems entirely – you only pay for the equipment when it is required, initial costs are lower and you don't have to worry about repairs or depreciation after the construction is finished.
Get the equipment you need
Purchasing plant machinery for construction is not cheap. Having the cost of this equipment affect your choice of machinery could compromise your operation if you purchase an old or second-hand item. Additionally, what if you purchase the wrong piece of equipment?
Hiring removes this problem entirely, as you can be confident that any machinery hired has been rigorously checked by consummate professionals and kept in good working order to the highest of standards. A wide range of plant and machinery will be available to you, as well as the knowledge and expertise of the professional team at the plant hire.
In conclusion, hiring plant for construction jobs allows you to pick the exact machinery required for the job in a cost-effective way, and doesn't tie you into the larger ongoing costs of purchasing and maintaining the equipment yourself.