Every construction company will be faced with the question of whether to hire or buy their machinery. Depending on the job, the type of machinery you need and how long you need it for will vary. These are all things to factor in during the planning stage before taking on that next big job.
Here at Tiger Plant, you will always hear us go on about the advantages of hiring machinery from our fleet, but we also offer our customers the opportunity to purchase plant machinery. There are many advantages to purchasing as opposed to hiring plant hire machinery. Join us in this blog as we explain why you should consider buying plant machinery.
One of the main reasons to purchase your own plant machinery is because you need to use it frequently. If you have a big project coming up that spans the course of a large period of time, it is sensible to think about buying outright. This way you won’t be spending money every month on rental payments. You will also be able to access the machine at short notice to do some ad-hoc bits on your job site.
In order for this investment to pay off, you will need to be sure you have several projects lined up as this will offset the price you paid for the machine.
While the initial upfront cost will be more than a monthly payment, over the long term and providing the machine is maintained to a high standard, it will work out as the most cost-effective solution.
One advantage of hiring however is the hidden costs that are sometimes associated with owning plant machinery. For example, here at Tiger Plant our entire fleet is kept and maintained to the highest standard ensuring our customers get the best possible machinery.
One of the best ways to scale your business is by adding assets to your fleet. With a construction business, you will come across as even more professional when potential customers see you have your own machinery with your own branding.
A great way to save money when adding to your fleet is to buy a used machine from a trusted plant hire company. When you buy from Tiger Plant, you will be buying machines that have been looked after so you can be sure there will be no hidden faults. Giving you full faith that your investment is safe. It is also worth noting, second-hand machines are likely to hold their value better than brand-new ones, should you wish to sell them in the future.
If you have any questions about hiring or buying from Tiger Plant, please do not hesitate to get in touch with us and a member of our team will be happy to help you. We have a wide range of machines available for hiring and buying, so be sure to browse our collection for your next machine.
For more guidance and tips on how to get the most out of your machine, why not visit the Tiger Plant blog? Here you can find the latest information and guides to help you with your job.
