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Use these guidelines the next time you acquire construction equipment and feel confident in your decision. Determining whether to purchase a new piece of construction equipment is a decision that should be considered carefully, and the overall bottom line must be taken into consideration. Let's look at factors to weigh when deciding whether to buy or rent new equipment.

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May 12, 2015 Renting construction equipment is a popular trend that’s growing in the construction industry. But rentals can only go so far—sometimes, it makes more sense to buy. According to Ritchie Bros, the five factors you should consider: your current financial situation, the cost of owning versus renting, the length of a project or job frequency, equipment availability, and fleet management and ...

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