The global construction equipment market was estimated at almost $140 billion in 2020, according to Statista. So many construction projects rely on the proper equipment. No matter the size of your construction project, it’s always a good idea to ask questions when selecting an equipment rental service. After all, this is a large investment, and you want to get the best value for your money. With so many options available, taking the time to do some research can be beneficial in the long run. Here are ten essential questions to ask equipment rental services before making a decision.
1. What’s the Cost of Rental?
It’s important to get an estimate of the full cost of renting the equipment you need, including any additional fees or taxes. Make sure you understand what services and products are included in the cost so you can make an informed decision. Ask about any discounts offered for long-term rentals as this can help you save money over time.
2. What’s the Quality of the Equipment?
Ask about the maintenance and inspection schedule to ensure the equipment is well taken care of. Additionally, inquire if they have a warranty in case something goes wrong with the equipment.
3. What Options Are Available?
It’s important to know what type of equipment is available to rent and what features it includes. If you need specific attachments or accessories, check that they’re in the rental agreement. Additionally, ask whether they offer delivery services.
4. What Safety Measures Are in Place?
Safety should always be a priority when renting equipment. Ask about the safety measures, such as training and operating instructions, to ensure that you’re using the machines properly and safely. Additionally, ask whether they offer liability insurance.
5. What’s the Rental Period?
Be sure to ask about the rental period and associated fees. Many equipment rental services have flexible policies that allow you to extend your rental if needed. However, you may be charged additional fees for extending the duration of the rental. You should be aware of these terms and conditions before signing a contract.
6. Do You Have References?
The best way to find a reliable equipment rental service is by reading customer reviews. Ask the company for references or read online reviews to get an idea of what others have experienced with their services. It’ll give you an indication they’re trustworthy and offer quality services. Any reputable company will be comfortable providing references.
7. What Are the Payment Terms?
Payment terms are an important factor to consider when selecting an equipment rental service. Ask about the payment options available and any associated fees, as this can significantly impact your budget. Payment terms should be clearly outlined in the rental agreement.
8. What Happens If Equipment Breaks Down?
You should always ask about the company’s policy for repair or replacement in case of a breakdown. Many equipment rental services will provide an on-site technician who can determine the cause of the problem and repair it if possible. Additionally, they may provide a full refund if the equipment cannot be repaired.
9. How Old Is the Equipment?
Asking about the age of the equipment can help you determine whether it’s in good condition. You want to ensure that the machines you’re renting are up-to-date and reliable. Additionally, it’s important to know if any parts have been replaced recently or if there are any known issues with the equipment.
10. What’s Your Cancellation Policy?
Be sure to ask about the company’s cancellation policy so you know what to expect if you need to make changes or cancel the rental. Some companies may charge a fee for cancellations or require advanced notice. Make sure you’re aware of the policy and any associated fees before signing an agreement.
Asking these questions will help you select the best equipment rental service for your project. Make sure you have all the relevant information before signing a contract and that you understand the terms and conditions of the agreement. The global construction equipment market continues to grow, so understanding it is essential when selecting an equipment rental service. With research and the right questions, you can find the perfect service to meet your needs.
If you’re looking for a reputable equipment rental service you can trust, contact us at Ferri Equipment today. We offer everything from construction equipment to landscaping equipment. We look forward to working with you!