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What are the benefits of tool rental?

As a builder, construction worker, site manager or labourer, you’ll understand the importance of having the right tools for the job. Being adequately equipped ensures that no matter the project, it can be completed efficiently, safely and to the highest possible quality. Whether you are using heavy machinery such as an excavator or roller, or a traditional cement mixer, it is crucial that the equipment is fit for purpose.

However, having an extensive collection of tools and equipment, fit for every type of job, is not always possible, nor is it financially viable or logical. With the cost of living increasing and an ever changing market for construction work, buying tools outright isn’t always the best decision.

Today, more and more professionals are making the decision to rent their tools and equipment from trusted hire services. There are a number of benefits to this approach and, in many cases, it facilitates a more stable business.

Of course, when making decisions that will directly affect your livelihood and the quality of craftsmanship you want to be sure that you are properly informed.

With this in mind, here is Rocket Rentals’ guide to the benefits of tool rental.

No Upfront Purchase

First on the list, and one of the most appealing benefits of tool rental, is the absence of any sort of upfront purchase cost. Buying brand new equipment for your construction company is incredibly expensive and, unless you are absolutely certain of your business’ long term trajectory, it can be a risky investment.

By renting equipment for your construction needs, you are granted an extra level of flexibility; as you don’t own the tools, your equipment hire can evolve as your business does. What’s more, the lack of initial purchase costs mean you will have greater control over your financial resources.

Modern Tools

Moreover, another of the many benefits of renting your tools and equipment rather than buying it is the fact that you will have constant access to the newest tools. Renting from a reputable company means your projects will always be equipped with the latest equipment. This means that there is far less chance of tools breaking or malfunctioning on site, events that cost both time and money when it is your own equipment in question.

Using the most up-to-date equipment on your construction site means jobs will reach completion in the most efficient and cost-effective way possible. No more waiting around for old drill batteries to charge, or fixing an old generator.

Maintenance And Repair

As mentioned above, tool hire minimises the chances of equipment failure and breakage which can slow down a project significantly. However, in the instance that your tools do break or faults occur, hired equipment is maintained and repaired by the rental company.

Unlike with your own tools and equipment, the responsibility to regularly check, service and maintain the equipment falls on the rental company. This not only saves construction companies time and money, but it ensures that the tools you’re using will always be in a good functioning condition.

No Depreciation Of Value

As we have already established, buying construction equipment is a big financial commitment, and it is not always guaranteed that you will make your money back on expensive tools.

One of the major downsides of buying your own equipment is that it depreciates in value from the minute you make the purchase. As with any technology or tool, the resale value depreciates quickly as newer models are released onto the market. This means that when the time comes to upgrade or sell your old equipment, you will receive far less money than you bought it for.

Fortunately, by choosing to hire tools, construction companies and workers are protected from the depreciation of equipment value. As new models become available, you can simply hire them for your next job, without the added hassle of selling your old ones or paying an upfront purchase cost.

Protection From Unpredictable Workload

Furthermore, in an ever changing world, it is impossible to be certain about the frequency or consistency of clients. As a construction business, you will be well aware of market fluctuations; workload is influenced seasonally and by many economic factors. Hiring tools, as opposed to purchasing them, protects you and your business from unpredictably quiet spells as you can hire equipment as and when projects arise.

What’s more, there is no need to worry about equipment storage during slower months or as a result of infrequent work. Hired equipment can be arranged for delivery and collection as and when required, allowing you to properly allocate finances and save money on storage costs in the long run.

Be Prepared For Every Job

Finally, another incredible benefit of hiring tools for your construction work, is the fact it allows you to be fully prepared for every job, no matter the requirements. As long as you have a qualified and hardworking team, a reliable tool hire service can ensure you are always totally equipped.

Whether you require a piece of equipment for a one-off job such as a cordless nail gun or an air compressor, or are regularly hiring construction essentials such as dumpers or generators, hiring your tools means you will always have the correct arsenal to complete the job.

As many construction companies will find themselves with multiple clients and jobs on the go at one time, tool hire means that each worksite can be properly equipped with the tools needed for that specific job. This saves the hassle of having to transfer the equipment you own from one location to another, using valuable time, resources and money.

What To Consider When Renting Tools

If you’ve made the decision to rent tools for your business or construction company rather than buy them, there are a few things to keep in mind.

Firstly, consider how long the project is estimated to last. Obviously there are always going to be delays and unpredictable events that may impede the completion of a job, but a rough estimate will help you calculate how long to rent equipment for. After all, renting equipment for a month if you will only need it for a day or two is a huge waste of money.

Moreover, plan ahead. A well planned project can help you to maximise the efficiency of your rental. If you know that the job will need a wallpaper stripper for the last few days, it wouldn’t be cost effective to hire it for the duration of the whole project. Equally, if you know you require on-site facilities such as portable welfare cabins, it is worth planning well in advance when these will be delivered and where they will be placed.

Plant Rental, Roller Hire And More: Rocket Rentals

When it comes to renting tools and equipment for your construction projects, you want to be absolutely sure that you’re in good hands. Using a trusted and well stocked rental service is crucial as it gives you peace of mind that you will always have the correct tools and equipment for any job.

Here at Rocket Rentals, we pride ourselves on providing our customers with a huge range of construction equipment and services, from plant and tool hire, to personal protective equipment. What’s more, all of the equipment is available for efficient and professional delivery, with all of our drivers qualified to operate, load and unload the equipment safely.

Whether you are interested in hoist hire or tractor rental, no matter your needs, Rocket Rentals can help.

If you are interested in renting equipment, or would simply like to learn more about the hire process, get in touch with a member of our friendly team today. With a wealth of industry experience, we are certain we can help you with your requirements and get you well on your way to hiring high-quality construction equipment.

Don’t hesitate to get in touch with us today!

Call us on 01453 51 95 51 for plant and access hire, or on 01453 51 94 51 for tool hire.

Alternatively, get in touch via our website and a member of our team will get back to you promptly.

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