Self erecting cranes – to hire or to buy?

 

Competition is extremely high in construction industry. You have to be able to provide people with unimpeachable services. Besides utilizing top quality construction materials, you also need the right equipment and gears. However, when it comes to heavy equipment, such as tower cranes, things can get rather complicated, especially if you don’t have them yet. Should you look for self erecting cranes for hire or should you opt for buying them? What would be best for your business? You may find your answer in the following article.

The perks of buying

Even though it’s about heavy equipment such as self erecting cranes, there are still many companies and individuals who have ads on tower crane for sale on many dedicated online platforms. If you plan to buy this type of gear for your business, the first thing you need to do is to thoroughly check the Internet. You can ask some of your business partners for recommendations as well, especially if you know that some of them have recently purchased a tower crane. One great advantage of buying the equipment instead of hiring it is that you spend money once and for all and you can utilize the gear whenever you need it to. You don’t have to worry that the company which you usually resort to hire tower cranes has nothing available for the moment. It’s a long-term investment after all and it’s totally worth it if you usually have big construction projects that happen outdoors.

The perks of hiring

On the other hand, the more cost-effective solution is to hire the tower crane instead of buying it. Besides that you don’t have to worry that your finances will have to suffer from spending so much money all at once on a tower crane, you don’t have to worry about storing the gear and keeping it away from bad weather in times when you don’t use it. Also, you may have construction projects where you need different types of self erecting cranes of various dimensions. What should you do in such situations? Buy a different tower crane for each project? Well, this will only lead you towards having great financial issues or, worst case scenario, bankruptcy. Hiring a tower crane is a much better alternative for your business if you don’t have many outdoor construction projects or if you need a different type of crane every time.

Choose what suits you best

Now that you have learnt the perks of both hiring and buying self erecting cranes, it is time you decided on what is best for your business. You should know that there are many companies selling this type of heavy equipment, as well as a large number of companies that provide hire services. Regardless of your choice, you have nothing to worry about. Just make sure that before you close any deals, whether it’s a buying or a hiring one, you do detailed background research on the Internet and learn more about the company you have selected.