![]() At the minimum, leases on construction equipment last a year to start and extend out from there. Generally speaking, the larger and more costly the bulldozer, the longer you can expect the lease to last. Operating leases allow you to simply return the dozer when the lease is up while capital leases typically include a lease-to-purchase option in the contract. Offering many of the same benefits of rentals, leasing a bulldozer is a popular choice among many landscaping professionals and contractors as it enables them to continually swap out equipment (often holding to a three-year changeover cycle) – avoiding downtime and costs associated with repairs.īulldozer leasing is typically available as either an operating or capital lease. Plus, depending on your geographic location, you may be able to negotiate discounted rates on longer contracts – especially if you establish a relationship with the dealer. Depreciation costs are nonexistent and the equipment you or your operator will be using is almost always new or close to it. You don’t have to absorb any of the costs associated with maintenance, nor will you have to buy parts or pay service/repair fees if it breaks down. ![]() There are a few other pluses when you rent. But for jobs that extend for more than a few months, it may be more cost effective to consider a lease. In the short-term, it’s relatively painless. Renting is also ideal for quick jobs or seasonal work that, while profitable, doesn’t necessitate the purchase, storage, and maintenance of the machine year-round. For this reason, many contractors use renting as a means of field testing before purchasing or committing to a long-term lease. Renting a bulldozer allows you to test drive the machine and discover whether or not it’s suited to your specific application. This is a great first step if you plan on buying (or even leasing) a machine – in fact, it should be a requirement before either. Here’s a breakdown of the three options available to you – renting, leasing, and buying – and how each can offer a series of pros and cons depending on your work volume and intended use. ![]() With a price tag that can travel north of $300,000 for mid-level dozers, renting or leasing can actually save money for landscaping companies, construction outfits, and similar businesses that use the equipment for specific jobs. But while that may be true of certain items, it’s often not the case with bulldozers and other large construction equipment. Renting or leasing is believed by many to be a costlier option in general, negating long-term value without the resale benefit that comes with ownership. ![]()
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