Plant Hire vs. Buying – Why Hiring Heavy Machinery is the Smart Choice
Are you debating the merits of both purchasing plant and working with a heavy plant hire company? This is a guide looking at both choices and how realistically, we would advise utilising plant hire as a more cost-effective solution for the long-term of your company, whether you work in construction and require different types of machinery and equipment on a regular basis or you have a warehouse or industrial setting with the requirement for the use of the same type of telehandler for long-term use. This is a look at the benefits of working with a heavy plant hire company.
How does plant hire work in terms of costs?
The plant hire industry works in a way that you pay a cost depending on how long you hire the machinery for, and the price will differ based on the type of machinery you hire. In most cases, this will be in the form of a daily charge, and it offers a clear cost plan for any company and industry where there needs to be ultra-tight controls over budgets, such as the construction industry which commonly uses plant hire services.
Why to consider hiring plant instead of purchasing plant
Hiring makes sense for companies in industries where there is a need for short-term use of specific machinery on site. It offers great levels of flexibility in situations where one type of machine wouldn’t cut it for multiple jobs, which can be the case if you have purchased plant outright and do not have the cashflow to hire extra types of machinery and equipment. It also makes sense to hire instead of buying plant, as you are not responsible for the upkeep and maintenance of the machines. Instead, in between hires, the professional plant hire service takes care of that for you.
Any breakdowns or repair jobs are taken care of ASAP, minimising downtime on your site. In terms of safety levels and meeting new environmental targets, plant hire is a good choice too, as you are given access to the latest models in the industry. This ensures that safety is paramount and there are lower emissions with every new model.
Flexibility is also key to any long-term relationship between you and a plant hire company. If you work in an industry like construction where things can change on a daily basis on some projects, it is important to have those tight relationships with a plant hire company that means you can access the exact type of plant that you need at any given point, without it costing you the earth to do so.
It makes much more sense to work with a heavy plant hire service that can help you find the best, latest and safest models of plant machinery and equipment for your projects, than it is to purchase machinery outright. The costs alone make it a much more cost-effective option for most businesses, but it makes sense for those that require flexibility and the need for different types of specific equipment to help with tasks on myriad sites, locations, and within a wide range of challenges and logistical problems. Finding a plant hire company that you trust ensures that you can hit the ground running with any project, understand the needs well in advance, work within tight budgets and timelines, and maintain high standards of performance, safety, and environmental sustainability and responsibility within industries like construction.