Category Archives: Renting

Unable to sell your heavy equipment – Try renting them

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It is quite difficult to sell an expensive item how old it may be. You may just not get any buyers and this could be really frustrating at times when you are in dire need of money. At the same time, you may want to get rid of an expensive stuff that you no longer need but you are also not ready to sell it at a dirt cheap price which is why you are not getting more buyers. The people who are interested to buy the item often show their displeasure after knowing the price of the item.

People belonging to the construction industry have often experienced this kind of situation when they are hunting for buyers to sell their heavy equipment. Either you have to sell it at a cheaper rate or you just won’t get more buyers. The reason is simple. People who would be interested to buy a second hand heavy equipment will normally be small time contractors or small construction companies who have just begun their journey in the construction sector. They will have many strong reasons will not want to buy a machine that is though quite useful to them in their business is nevertheless expensive and out of their budget.

If you are part of such a situation it will be prudent for you to give up the idea of selling the machine and think about renting it. In this way, you can earn money on the machine and then the day you feel that it has gone real old and you will not mind selling it as scrap, get hold of a scrap dealer and finish the work. Till then stick to the idea of giving it on rent and earning money without having to do much. Many big construction companies who have lot of heavy equipment under their possession normally lease their machines to small contractors who in turn work for them in their projects. In this way, the machine is used for his construction work and he also manages to make good money out of it.

If you are not a giant construction company and do not possess too many machines to follow the above idea, you can play it smart by renting it to other contractors. You will find many such people who are in hunt of guys willing to lease their machine. You have to just talk to people about it. Talk to your friends who are contractors that if they know anybody who is looking to take the machine you have on rent. Try to spread it across to as many people as you can and you will get responses. Try to give a reasonable quote that is acceptable to the other party and if all sounds good then you should go for the deal.

Before you rent your heavy equipment please try to refurbish it by painting the machine and making it look new. People expect a machine that works and you need to ensure that the parts in the machine are in good condition and it will work for the period that it will be on rent.

Things You Should Know before Renting a Bulldozer

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Bulldozer is very important heavy equipment commonly used in construction industry. They are powerful machines, which can effectively remove the stumps and boulders, help in demolitions, aid in excavations and can raze brush. They are often used in clearing of large acres of forest land to be converted into a productive area. It is often observed that construction industries prefer buying it on rent or on lease. While first time buyer may not be aware of such options. Many a times, after purchasing a brand new bulldozer, the user is not satisfied by its working or finds it limited in its functions. Purchasing a new bulldozer is a very expensive, hence it may be wise to take it on rent especially in case of first time users

 

The following are some of the tips for the buyer before renting a bulldozer:

  1.  Purchase of equipment which is in good health:

Although it is used equipment, buyer must take care that the equipment must be in good health. Very old equipment if taken on rent may operate sub-optimally during the rented period. This may lead to unnecessary expenditure due to repairs. Hence the used equipment not more than 5 years and in working conditions must be selected. The buyer should inspect the machine thoroughly for extent of wear and tear. Check the engine, leakage problems if any, welded parts (sprockets, tracks and arms), working of gear and brakes, rollers, and perform oil analysis.

 

 

2.  Nature and length of work :

Buyer should know the exact nature and volume of work. This will enable selection of an appropriate model of bulldozer. It is essential that buyer should know the exact period of requirement of rented bulldozer, since it needs to be mentioned in the agreement.

3.  Product specifications:

Among the different types of equipment models present, buyer should determine the size and shape of bulldozer. Choosing the right type which is best suited for the nature of work is necessary.

4.  Requirements and limitations of a used bulldozer:

Bulldozer has to be filled with fuel at least 3-4 times in a day and its parts needs to be greased at regular intervals. This machine has to be checked daily for maintenance issues. Bulldozer has a limitation that it cannot work throughout the day. Hence, the buyer should determine the extent to which a used bulldozer can work effectively. Further, it is necessary to know if the site conditions are suitable for the bulldozer to work, since it cannot work on any terrain. The tracks of bulldozer need to be often cleared.

5.  Safety requirements:

Bulldozers are huge equipments and one needs to follow instructions before operating them. They are dangerous equipments and should not be used without following instructions. Since mistakes committed while operating these machines can lead to accidents. The buyer should become familiar with its parts and the way it operates before using it. If the buyer is not familiar or comfortable operating bulldozer, then should hire an experienced bulldozer operator. Further, buyer should ensure safety by wearing safety belts, ear plugs and dust masks to prevent health problems.

6.  Expenses incurred:

Before taking bulldozer on rent the user must be sure to bear the expenses in form of rental cost, hired operator cost, maintenance costs, fuel and greasing costs, and cost of safety aids. Rental expenses vary since it depends on the length of the rental contract and age of the machine. To know the appropriate rental cost, buyer should compare prices by referring to websites. During the rental period, it is responsibility of the buyer to to maintain the machine well before handing it over to the service provider.

Overall, renting of bulldozer is beneficial since is cost-effective for construction companies and in cases where the bulldozer is required for short duration of time or for seasonal work (thereafter it is of no use). It allows the buyer to discover if the selected model has application for the intended work.

Following these tips can guide buyers in purchasing appropriate bulldozer on rental basis and get the job done well.

Things You Should Know before Renting Articulated Trucks

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Trucks are used by construction industry to carry huge pile of debris from the jobsite to the dump yard. Articulated trucks (ATs) are specialized trucks are used for hauling of heavy equipment from their source to destination. Hence, many construction industries, prefer buying ATs on rental basis to reduce their expenses. However, one has to be diligent while buying rented machines since it is expensive.

The following are some of the tips which may be useful for the buyer:

  1. Purchase equipment which is in good working condition:

Although it is used, buyer must take care that ATs must be in good working condition. Instead of buying on rent very old AT, one should purchase AT which is less than five years old.

2.  Perform a thorough physical and mechanical inspection of the equipment:

  • Being one of the most difficult machines, evaluating AT is a difficult task. A physical inspection of AT is needed by investing enough time and taking it around during daylight.
  • Establish its serial number and the number of hours it has been operated. The serial number indicates the year of manufacture. While if it has run for less than 10,000 hours the machine is in better condition.
  • Different locks and articulation hinge joints should be checked for their movement. There are two parts to it. Oscillating part and articulation part. If there are problems with the former part then its repairs are very expenses as compared to the articulation part.
  • Engine, hinge pins, brakes, tires, battery, cab, mirrors, air filters, oil filters, suspension system in front should be thoroughly examined.
  • Buyer should make sure that brakes get applied to all wheels. Use of wet brakes reduce cost and requires less maintenance.
  • AT should be checked for its uphill movement and the amount of fuel used or the smoke released.
  • Truck’s comfort should be assessed in terms of cab’s safety and great visibility and comfort.
  • Machine’s maintenance records should be checked to know the service history. Knowing the past history of what it was used for hauling gives an idea of the wear and tear the machine must have gone through.

3.  Buyer should evaluate their work requirements.

Buyer should learn about application of ATs and should know if it useful for their type of work. They should check various details including the type of material, travel distance, cycle times and the equipment to be carried in AT. Since it is to be mentioned in the agreement, it is necessary that buyer should know the required duration of ATs at the work place.

4.  Product specifications:

There are different models of ATs. Buyer should know which type is required for their purpose since each model has different characteristics. The user should refer to product manuals and distributor/manufacturer’s websites, to learn about each model’s application. This will enable buyer to choose the right type of model for AT. It is important to know if the current model of ATs is supported by the manufacturer, which makes it easy to find parts of repair. In addition, buyer should also seek to know about factors such as high production per man hour and check the payload capacity both of which are important for increasing productivity.

5.  Consider the speed and gas gauge:

The travel speeds of ATs play an important role in productivity. The buyer should look at top-end speeds for long run and the pulling power for shorter distance. Check for the unit’s abundance of horsepower and torque which will allow operators to move fast and haul more in one cycle.

The buyer should also consider fuel efficiency based on material per gallon, which can be increased by proper planning of truck’s activities and by maintaining AT.

6.  Cost:

Buyer should know the expenses incurred due to rents (both of machine and its additional parts), maintenance, repairs of the oscillating part, fuel used and greasing of the parts and expenses due to hired operator.

7.  Making of an agreement:

When the buyer is satisfied with the rental machine and the costs associated, then will go ahead with an agreement with the rental service provider.

Following these tips can guide buyers in purchasing appropriate articulated truck on rental basis and get the job done well.

Heavy equipment should be checked well before taking it on rent

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We normally have the tendency to check the in and out of the stuff before buying it. We do this to ensure that we buy a worthy stuff and not a waste. Now when we are buying something for our business we need to be double sure that it is of good quality and will last for years. But do we have to check the quality of a product that we will be taking on rent. There should be no question that whatever we take related to our business should be of ultimate quality irrespective of us buying it or taking it on rent.

In the construction industry, companies often take heavy equipment on rent. Taking machines on rent is not a practice that is followed by the small construction companies or small time contractors but even big companies on many occasions have rented different types of equipment. They do it for a very simple reason. Construction companies deal with different types of projects for which they require different types of heavy equipment and it does not make any sense to any matured construction company to spend their money in buying heavy equipment when they have the option to get them on rent.

One of the fundamentals that one should follow before taking construction machines on rent is to check the machine well. If only the machine is in good standing that the company should be going ahead with the deal.

Locate the heavy equipment:-

Primarily you have to locate the heavy equipment that you need for your business. You can check with people in your business circle if they know anybody who is renting heavy construction machines. You can also try to get a review of the person so that you know the quality of machines he gives on rent. You can then call up the person and check if he/she has the machine that you need and if he/she has what you have been looking for then ask him to give you a time to inspect the machine. Do not give any commitment before you have seen or examined the machinery.

Check the working condition of the machine:-

The heavy equipment the person is showing you may look good from outside but you do not know its worth as long as you have not worked on it. Therefore, if you are a person who know to work on heavy machines should take a trial and check if it is working smoothly. Just in case, you do not have the technical know-how of heavy equipment it is advisable that you go along with a mechanic and an operator who will examine the machine and will give you precise suggestions. You should also check with the owner of the machine if they have recently changed any of its parts and has there been any issue with the machine that has been fixed by any mechanic. It should not happen that after you have taken it on rent and some problems resurface and you got to face the music.

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