There are several benefits of renting equipment. It is a great way to accomplish your task while saving some money in the process. Equipment rental will come in handy when you need to make use of the equipment on a temporary basis. But a lot of people make certain mistakes when renting some of these machines. The mistakes pointed out here are very common among contractors. We believe you are going to avoid them in future if we point out some of the most common ones here.
Failing to read through the contract details
A lot of renters have made this mistake in the past. No matter how you think you understand the contract requirements, it’s still important to go through the paper documents. There may be things you might miss. Apart from reading through, you need to ask questions where you are not really clear.
Ask questions about damage liability, late charges, delivery, and fuel liability. When it comes to contract agreements of this nature, miscommunication can cause a lot of damage. So, it’s important to understand the entire contract terms, both written and unwritten, before renting the equipment.
Always settling for the lowest price
As with anything else, you always get what you pay for. Do not assume something is always better when you are getting it cheap. The main consideration here should be the cost in the long run. Yes, you might get the equipment very cheap, but how much are you going to lose when it breaks down? This is the reason why you need to look at other factors before choosing a cheaper one for rent. Make sure you are renting from a reputable company renowned for their quality of service. That way, you will have a small sense of assurance you are renting good equipment.
Renting the wrong equipment
Before you select the equipment, research properly on the type of machine you need. Look carefully at the specifications of what you need. Identify the machinery and tools that will help you complete the project in the safest and more efficient manner. When you rent the wrong equipment, it can lead to delays and waste of resources.
Renting at the wrong time
Before you set out to rent equipment, make sure you are set to use that equipment. Remember that your rent time starts when you move the equipment from your supplier or when you have sealed the contract. You will be wasting money when you keep the rented equipment idle while you are still prepping things up. Make sure you rent the equipment at the right time when you need it.