Case Study

RENT vs. BUY – 5 Key Reasons

Designed to simplify the handling of materials, particularly on multi-level construction sites, this revolutionary Preston Rentals innovation offers a ‘drawer-like’ loading platform system which has dramatically increased safety and reduced crane operation time for customers around the world.

With over 40 years experience working alongside leading construction industry companies, we have highlighted the top 5 reasons to choose renting over buying We understand the pressures faced in construction and provide a seamless equipment rental service that simply lets you ‘get it done’.

  1. Cost

When it comes to purchase price, costs vary greatly, especially for large and more specialized equipment that can require a major investment. When loans are required, interest payments will increase total expenditure and the cost of ongoing preventative maintenance (like regular servicing, safety checks, fine-tuning and refurbishing/fabrication costs) can quickly add up.

  1. Convenience

Many businesses choose to rent construction equipment based purely on convenience. As well as overseeing maintenance, registration and insurance, renting equipment offers the convenience of transport being taken care of, with no ongoing storage costs when the rental period ends.

  1. Flexibility

Rental equipment gives you the flexibility of always having the right equipment (and the right advice to help you find them) for any job. This may not be the case if you rely solely on equipment you own, Renting also allows businesses to keep their options open regarding size, model, needs and timelines.

  1. Risk Mitigation

Risk is another major consideration. Renting equipment allows business to mitigate some of the commercial risk and occupational health and safety (OHS) risk that come with owning it. As employers, we are all responsible for ensuring the safe access to and operation of all equipment. However, when purchasing equipment, we also take on responsibility for mechanical safety and maintenance. Renting equipment provides businesses with the same assurance of equipment that is rigorously tested and serviced, without bearing this additional cost and responsibility.

  1. Technology and Innovation

As are true of most industries, the technology that underpins construction equipment is always changing, and by renting construction equipment your business will always have access to the very latest in technology and innovation. Working alongside an equipment rental specialist is also a great way of keeping abreast of industry developments, as they occur.

Discover the benefits of renting our equipment and enjoy all the benefits without any of the tedious paperwork. Don’t concern yourself any longer with servicing, maintenance, fabrication, storage, or certification of equipment with Preston Rentals. That’s all on us. Still not convinced? give our friendly team a call to learn more.