Maximizing profit by choosing between renting and owning equipment

Sep 8, 2022

Recent Posts

All You Need to Know About the 8×20 Screening Plant

All You Need to Know About the 8×20 Screening Plant At CONEXPO-CON/AGG, Eagle Crusher will be displaying three pieces of equipment: the UltraMax® 1600X-OC, the 8×20 Screen Plant with Integrated Feed Conveyor, and the 2036 Jaw. The equipment will be featured...

All You Need to Know About the 2036 Jaw

All You Need to Know About the 2036 Jaw At CONEXPO-CON/AGG, Eagle Crusher will be displaying three pieces of equipment: the UltraMax® 1600X-OC, the 8×20 Screen Plant with Integrated Feed Conveyor, and the 2036 Jaw. The jaw can be installed in numerous...

Eagle Crusher’s CONEXPO-CON/AGG 2023 Reveal

Introducing Eagle Crusher’s CONEXPO-CON/AGG 2023 Line Up Now that we are only three months out from CONEXPO-CON/AGG, we wanted to highlight the three pieces of equipment Eagle Crusher will be displaying in Booth C30949. We are excited to show the latest...

Understanding the financial programs available to you

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Counting Down to CONEXPO-CON/AGG 2023

Counting Down to CONEXPO-CON/AGG 2023 Eagle Crusher is excited to be exhibiting at CONEXPO-CON/AGG and to celebrate being only 4 months away from CONEXPO-CON/AGG, we’re taking a look at our last four times exhibiting at CONEXPO-CON/AGG.   2020 Exhibiting at...

Maximizing Your Crushing Equipment Layout

Maximizing Your Crushing Equipment Layout There’s no time to waste when it comes to crushing your production output goals, so you want to make sure your crushing equipment layout is right for the job. That’s why we’re taking a closer look into the layout of your...

Preparing for Cold Crushing

Preparing for Cold Crushing It’s that time of the year again, where temperatures in the northern hemisphere start to drop. You know that crushing in the cold, or shutting down your operation, isn’t too far away. The easiest way for your operation to freeze is by not...

A History of Eagle Crusher Manufacturing

A History of Eagle Crusher Manufacturing on National Manufacturing Day October 7th is National Manufacturing Day, and on this important day for American manufacturing, we wanted to share a little bit of history on our more that 100 years of manufacturing crushing,...

CONEXPO-CON/AGG Preparation

The 6-month mark to CONEXPO-CON/AGG has officially been passed, but your preparations shouldn’t be at a stand-still. Now is the time to check these items off your list to relieve you from the stress of planning and to save the most money. It’s easy to stay...

Maximizing profit by choosing between renting and owning equipment

Just like with all heavy machinery, the decision to obtain a piece of equipment is not an easy one. Specifically, the decision between buying or renting crushing equipment as it could mean the difference between straining your company cash flow and turning a meaningful profit.

Initial Questions to Ask Yourself

What is my company’s existing finances?

What would be the length and frequency of use?

What are short-term and long-term costs associated with this equipment?

There are other questions that might be specific to your job site or needs, so make sure you have a concrete understanding of what you need. If you are still unsure, it’s important to know who to reach out to with questions, both internally and externally.

Buying

Pros

Financing options are able to ease the acquisition.

Depending on the nature of your crushing operations, it is likely in your best interest to buy crusher equipment for long-term jobs or if you see your company needing regular, repeated use of a certain machine.

The machine that you purchase is available whenever it is needed to be used.

If you employ well-trained team members, buying and maintaining crusher equipment may be no costlier than renting regularly serviced equipment. Employing team members on site could resolve the unexpected quicker than waiting on service from your rental partner.

You could decide to resell your portable plant or even rent it out yourself to maximize the value of the equipment over the course of its lifetime.

 

Cons

Unless your job requires it, buying crusher equipment usually requires a larger investment than renting.

You will be responsible for all maintenance and wear parts while that may not be the case in a rental.

 

Renting

Pros

Renting can allow for a smaller initial investment.

It is likely more appropriate for short-term jobs.

Rental cost may be applied toward purchase if utilizing a RPO (Rental Purchase Option).

 

Cons

The costs of renting could eventually eclipse the outright purchase of the same crusher equipment depending on the length of the job.

Relying on renting may present unexpected downtime when the demands of other companies render your desired equipment unavailable

Depending on the job length and frequency of use, rental costs could add up over time.

 

Making the Decision

Ultimately, all of these variables and more should be explored when it comes time to invest in crusher equipment. If you are interested in buying or renting from Eagle Crusher’s comprehensive line of crusher products, we encourage you to contact our sales team for more information or reach out to our network of distributors.

 

Previous Posts

All You Need to Know About the 8×20 Screening Plant

All You Need to Know About the 8×20 Screening Plant At CONEXPO-CON/AGG, Eagle Crusher will be displaying three pieces of equipment: the UltraMax® 1600X-OC, the 8×20 Screen Plant with Integrated Feed Conveyor, and the 2036 Jaw. The equipment will be featured...

All You Need to Know About the 2036 Jaw

All You Need to Know About the 2036 Jaw At CONEXPO-CON/AGG, Eagle Crusher will be displaying three pieces of equipment: the UltraMax® 1600X-OC, the 8×20 Screen Plant with Integrated Feed Conveyor, and the 2036 Jaw. The jaw can be installed in numerous...

Eagle Crusher’s CONEXPO-CON/AGG 2023 Reveal

Introducing Eagle Crusher’s CONEXPO-CON/AGG 2023 Line Up Now that we are only three months out from CONEXPO-CON/AGG, we wanted to highlight the three pieces of equipment Eagle Crusher will be displaying in Booth C30949. We are excited to show the latest...

Understanding the financial programs available to you

Understanding the financial programs available to you For the past decade, interest rates have been at historical lows, however with increasing interest rates and inflation, new equipment prices might come as a shock. The use of the proper financial programs can help...

Counting Down to CONEXPO-CON/AGG 2023

Counting Down to CONEXPO-CON/AGG 2023 Eagle Crusher is excited to be exhibiting at CONEXPO-CON/AGG and to celebrate being only 4 months away from CONEXPO-CON/AGG, we’re taking a look at our last four times exhibiting at CONEXPO-CON/AGG.   2020 Exhibiting at...

Maximizing Your Crushing Equipment Layout

Maximizing Your Crushing Equipment Layout There’s no time to waste when it comes to crushing your production output goals, so you want to make sure your crushing equipment layout is right for the job. That’s why we’re taking a closer look into the layout of your...

Preparing for Cold Crushing

Preparing for Cold Crushing It’s that time of the year again, where temperatures in the northern hemisphere start to drop. You know that crushing in the cold, or shutting down your operation, isn’t too far away. The easiest way for your operation to freeze is by not...

A History of Eagle Crusher Manufacturing

A History of Eagle Crusher Manufacturing on National Manufacturing Day October 7th is National Manufacturing Day, and on this important day for American manufacturing, we wanted to share a little bit of history on our more that 100 years of manufacturing crushing,...

CONEXPO-CON/AGG Preparation

The 6-month mark to CONEXPO-CON/AGG has officially been passed, but your preparations shouldn’t be at a stand-still. Now is the time to check these items off your list to relieve you from the stress of planning and to save the most money. It’s easy to stay...

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