No matter the project, it’s for certain that the construction equipment will take up a massive slice of the overall budget. The need to spend lots of money for it does not begin and end with procuring it. Operation and maintenance are other costs.
This is when the sheer importance of hiring instead of buying equipment comes in. Since tasks such as digging earth and moving rocks, debris and others in the way are fundamental to just about any construction project, approaching an excavator hire specialist is a smart step. It can help you save money in more ways than one.
Dodging the Sticker Price
The number one reason why renting is easier on the pocket than buying is that brand new construction equipment costs several times more than rented equipment. As a matter of fact, buying second hand equipment is still more expensive than renting.
These days, the price of a brand new excavator can range anywhere from $11,000 to more than $100,000, depending on its size and brand. On the other hand, an excavator for hire can cost you less than $100 or $200 per hour. Doing the math, it’s no wonder why many contractors, especially those who are involved with construction projects with a limited budget, choose to hire than buy. The cost-saving perks of hiring become more obvious if the equipment is needed on a per-project basis.
Keeping the Payroll Low
An excavator won’t operate itself. It’s a must that you delegate someone to operate it, which usually means hiring an experienced and skilled individual. Since no one really likes to render construction work free of charge, you will have to pay the excavator operator.
You can keep the payroll from skyrocketing by hiring equipment with an operator. It’s the service provider who will provide and pay the operator. Not having to pay one more employee isn’t the only economical benefit that comes with hiring an excavator with an operator. You also get to save money by sidestepping the hiring process. The costs of posting an ad, screening and interviewing applicants can quickly add up. By hiring an excavator with an operator, staying within budget can be easier.
Avoiding Steep Maintenance Cost
Because of the herculean chores that excavators are tasked with, it doesn’t come as a surprise why all sorts of issues with them can come into being. Generally speaking, the more demanding the construction tasks are, the bigger the problems that show up. In the world of construction, bigger equipment tends to require bigger maintenance costs.
The excavator hire specialist is the one who will deal with the maintenance needs of the equipment, which usually does not come easy on the pocket.
Since you do not own the equipment, it’s not your responsibility to keep it in an excellent shape. Sending it back after making the most out of it is all that needs to be done. Once the construction project is through, the need to take care of the equipment comes to an abrupt stop.
The cost-saving benefits of hiring an excavator are hard to overlook. However, to save money and get the job done at the same time, make sure that you get in touch with the right equipment hire specialist. Opt for one with the excavator that you specifically need and has a lot of industry experience.