Equipment renting adds to your bottom line, period. That’s why we offer a well-stocked fleet and a full line of options every day of the year for you.
Material handling equipment is an absolute necessity for modern businesses to stay competitive and increase worker productivity. Forklifts come in many varieties and have a range of capabilities and prices, but their fundamental purpose is to allow workers to move inventory quickly and efficiently. The issue for some, especially most small businesses, is the issue of whether to buy or rent the equipment. There is no simple right or wrong to this question, since it comes down the individual company’s situation.
Save Money on Terms
Long or short term rentals can be arranged for a weekly or monthly price with a rental company. Short term rental prices can vary, however most forklift companies do have regular pricing, and you should always ask what deals are available to you. When a forklift is purchased, the owner is responsible for all maintenance costs and any associated issues such as downtime. Over the course of a year, this alone can add significant amounts to the cost of the forklift that may not be in your budget. Also, as the forklift ages, maintenance costs increase simultaneously. The added cost of service equipment and organizing temporary replacements, if necessary, must also be considered when budgeting for buying instead of simply renting, a forklift.
Forklift owners must make sure their vehicles are properly maintained and meet all relevant safety requirements. Many accidents involving forklifts are due to neglected maintenance schedules and poor working conditions. Companies renting forklifts are responsible for the training and working conditions of forklift legislation and can offer expert advice such as personal protective equipment, checklists and operating instructions and differing rental term plans to allow your company flexibility.
Upgrading Your Forklift Options
Renting a forklift enables an element of flexibility for a workplace. The customer can select the appropriate model to rent for a specific job which may be different to a model to that is required for another task. The same level of flexibility cannot be obtained when purchasing a forklift which can lead to higher costs for an organization and/or inefficient working practices.
Top Reasons to Rent
- Forklift purchases require you to invest a significant amount of capital or have well established credit
- As your purchased equipment ages you will not get benefits of newer tech
- New equipment is not available immediately
- It can be hard to estimate the length of some jobs & therefore the cost
- Your cost is much lower for short to medium term rentals
- Rentals are generally available for businesses with minimal credit
- There is no need for in-house mechanics
- You can use the latest equipment depending on rental company
If you’re in need of a forklift rental, lease, or purchase please use the link below…
When you rent instead of buy the savings are significant. Renting lowers maintenance costs, ensures reliable parts and service from us and we offer financing for you as well. Needing to replace or find new equipment can eat up a large portion of your budget. At KMH we offer financing to not only lower your operations cost per unit shipped, but also keep you at maximum up time. Equipment is a large investment to make and unfortunately, sometimes you make large equipment purchases only to find out the particular gear doesn’t fit your needs. We maintain a large fleet of rental units ready for quick delivery!
Renting or leasing creates a cost-effective solutions in the case you don’t want to invest the capital in new equipment or simply don’t have it. Also, if you only plan on using the equipment for a limited amount of time or just using it for a small project, renting or leasing the equipment will work in your favor. Keep in mind that renting is generally preferable when using equipment for short periods of time or if you want to avoid risks associated with breakdowns and maintenance. Additionally, renting equipment usually ensures access to the latest models and technologies due to KMH’s continual investments in our fleets.
Every business wants to lower their cost per unit shipped, and that’s our goal for you. Knowing the parameters and needs of our customers and having a fleet of equipment from forklifts to boom lifts to construction equipment allows us to be available 24/7 to meet your growing and changing needs.
Additionally, KMH maintains the unit, and you avoid the expense of upkeep. If a piece of machinery breaks down, KMH will fix it, and if the repair will take an extended amount of time, KMH will exchange the broken unit with a different one.
To learn more about our Rental Program visit our links below. We offer short term, long term and rent to own programs to fit your needs:
Heavy Equipment Rentals: