Article: 10 Reasons to Hire Equipment Over Buying

Manager Director, Joe Caprara take us through his top 10 reasons to hire v buy formwork equipment. 

  1. Latest Equipment

Hiring gives you access to a huge range of the latest formwork and propping system available from around the world.  Not only that, it gives you the ability to trial new equipment and ensure you are always using the right equipment for the job.

  1. Ensures Efficiency

When you hire specialised equipment like formwork and propping you are speaking to experts who can help you choose the right equipment for the job.  It is supported by an engineering service and maintenance processes and systems which ensures that the equipment is always reliable and efficient for use.

Once the job is finished, the equipment can be returned, without the worry of depreciation, repairs and maintenance and storage costs, or whether that piece of equipment will ever be used again.

  1. Control Costs

There is no need for you to worry about that the formwork and propping equipment needs to be inspected cleaned or maintained.

If you are falling behind and need additional equipment it is simply a phone call away.

Stock is controlled and depreciation is handled by the hirer.

Most importantly, all hiring equipment is fully tax-deductible which makes for good business sense because it does not tie up your valuable capital and allows you to focus on what you do best and servicing your customers.

  1. Saves Time

Time is not wasted by you needing to research, update and maintain equipment.  Hiring gives you instant access to the equipment you need, within days of you needing it.

  1. Saves Money

Owning Equipment is expensive. By hiring you will always have access to the latest equipment without worrying about keeping and asset register and, depreciation, maintenance and borrowing costs.

The is no need for you to carry spare parts or extra or incidental components to service your contract therefore freeing up valuable cash resources.

  1. Saves Space & Storage Costs

There is no need for you to worry about maintaining storage facilities or yards to house the equipment between projects or sitting idle, deteriorating, or becoming outdated over time through lack of use.

Hiring equipment means you can progressively return the equipment as soon as you have finished with it.

  1. Save the Environment

Equipment that is purchased often sits idle for long periods of time. People are increasingly conscious of their carbon footprint therefore hiring makes sense for your business as well as the environment.

  1. Safety is Ensured

When your hire, the maintenance of the equipment is looked after for you, ensuring that the equipment you are using is always up to standard and meets OH&S regulations. Selecting a reputable supplier ensures the highest standard of safety and service.

  1. Protects your Staff

All rental equipment is thoroughly checked, counted, and thoroughly maintained prior to every hire. Rental equipment when hired is supported by engineered designs and equipment operating instructions, warning or capacity labels and the end-user can be instructed in the safe use of the equipment being hired.

  1. Service

When you are building your project you need to focus on meeting the project requirements and don’t just want the right equipment at the right time, you want someone else to worry about delivery, maintenance, spare parts, accessories and more – you just want the equipment to work. Should something break down or is not perfectly suited to the application at hand, it can simply be returned, fixed or replaced immediately.


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by Joe Caprara