image credit: Adobe Stock

Construction Equipment – Rent, Buy, or Lease?

September 30, 2022


When it comes to acquiring construction equipment for your commercial construction company there are a number of factors to consider when it comes time to decide whether you rent, buy or lease.

The first thing to consider is how often the piece of equipment will be used. This includes looking at your current needs and workload as well as factoring in your projected future needs. If you are using the equipment 60% of the time or more, then you are better off buying the equipment or choosing a lease-to-own option.

Read More on ConstructConnect