In a number of industries, forklifts are a must for temporary or may be short-term projects. Machinery Rental is often preferred over buying the equipment outright, or committing to a lease agreement.
These days, forklifts are used in multiple industries, including construction, agriculture, landscaping and mining. A business in any of these industries that requires a specific forklift unit for a short-term job or niche project should consider renting one, rather than investing in the costly machine.
Likewise, a business that dabbles in various industries, such as agriculture, construction, and landscaping, can profit from a timely, short term rental of a forklift. A rented unit can be handy when a specific project warrants a forklift. A business can easily rent a forklift tractor for an agricultural job, or a boom lift for a construction project.
What kinds of jobs are suitable for forklift rentals?
You may be wondering what kind of project would warrant a rental. Jobs that can prosper from a short-term rental will meet these criteria:
- Industry Specific
- Temporary
- Niche/Specialty
If a business requires the use of a specific forklift model for a single job, and has no intentions of using that forklift again, it makes economic sense to rent a forklift, rather than buying or leasing one.
Further, if a job warrants the use of a forklift for one business day or a set number of hours, it wouldn’t be a smart financial investment to buy a new piece of equipment, or sign a lease that can last as long as three years.
Ultimately, many companies in the construction, agricultural, mining and landscaping industries tend to rent forklifts if a project is specialized, short-term, or pertains to an industry’s individualized requirements (like excavating, digging, or hauling).
What is the process to rent forklift equipment?
Most vendors offer companies user-friendly forklift machinery rentals within a day’s notice for emergency or short-term jobs. Forklift rental costs can differ, beginning as low as $100 to $150 each day for a 3,000 to 5,000 pound piece of equipment, $150 to $300 per day for a 6,000 to 10,000 pound piece of equipment, or $200 to $700 per day for a 10,000 to 30,000 pound piece of equipment.
To determine the cost for a forklift rental, a vendor can provide an estimate for with your job scope in mind. A company must provide details about the project, specifically the type and expected duration of use, in addition to the preferred forklift models needed.
As with all rental transactions, it’s critical to verify ahead of time that rental machinery is operational, and that any equipment failure will be covered under the rental agreement. When acquiring a lift truck rental, it’s prudent to work with a vendor that can offer modern machinery to support the timely and safe completion of a job.
It’s interesting that you can need lifts for even small time jobs. It makes sense that they have the capacity to make small jobs even smaller! That’s a good way to make things go faster.
I couldn’t agree more when you mentioned determining the cost of the rental and providing details of the project where you will be using the equipment are important if you plan to rent heavy equipment. It is important to provide some basic information to the rental company such as the duration of the project and what type of heavy equipment you will be renting for them to be able to provide a quote or estimate on the cost. This way, you would be able to compare prices and get the best deal or offer from the company you will be hiring. If I were to rent a heavy equipment for my own business, I would make sure to keep this in mind. Thanks.
I was on the phone with my brother the other day and was talking to him about his want to get a forklift for rent. He was saying that he wanted to learn more about this kind of use of equipment. I will let him know that a vendor will provide an estimate for him before he has to commit.
I need to move some pallets around, but just once. It makes sense that renting a forklift would be a good choice for me! I’ll be sure to find a good professional that has reliable equipment to rent.
My husband is looking to rent some equipment for a project. I appreciate your advice that we should make sure that the equipment is operational and that any failure is covered in the agreement. This is important because we don’t want to be responsible to the equipment breaking on us!
Informative blog you have written it has taught me so many things and increased my skills.
It is really nice to know that companies are willing to get equipment out quickly and efficiently. User-friendly machines make the process a whole lot easier. I will let my fiance know this since he was interested in finding an equipment rental company.
Yup I agree with you Alexandria Martinez.
That’s really an informative post. I appreciate your skills. Thanks for sharing this post.
That’s really an informative post. I appreciate your skills. Thanks for sharing this post.
I like the article
Thanks for the wonderful guide
I have a short job that I need to have done. It makes sense that a forklift would be beneficial! It would be nice to be able to get things moved around throughout the course of the job.
I was surprised to read that a lot of construction companies rent forklifts. It makes sense that they would rent them if they are using them for short term! My husband wants to do some at home projects, and he mentioned that a forklift would be really helpful. I’ll start looking for a company that we can rent a machine from.
Before reading this article, I would not have thought about renting a forklift to help with construction jobs. It would make it much easier to move ready-mix concrete without the risk of injury. I’ll have to remember this and look into a forklift for the next project I have.
It’s good to know more about renting construction equipment. I like how you said that renting is a great idea if you’ll only need the equipment for a day or two. That’d be like buying a new car for a single road trip. It’s much smarter to just rent for what you need.