Here are 12 sound reasons why you SHOULD rent your equipment...

1. Maintenance.  Equipment rented on a day-to-day basis includes full maintenance.  The user of such equipment needs no repair shop, no space, no mechanics, and no parts supply inventory or maintenance records for it.

2. Breakdown. Virtually all equipment is subject to occasional breakdown in use.  When rented equipment breaks down, it is immediately replaced by our own company at no cost to the user.  Time losses on breakdown of owned equipment as well as the cost of the repairs must be considered.

3. Warehousing.  Warehousing facilities are seldom needed for rental equipment.  Some contractors operate successful construction businesses with little overhead other than the cost of a telephone answering sevice by having equipment rental yards service as their warehouses.

4. Cost control.  Cost sontrol is possible with rental equipment.  Knowing the true costs of equipment owned is difficult.  Rental equipment offers its user jsut one accountable cost figure- that shown on the rental invoice.

5. Inventory control.  Contraactors in particular often find that  they have less inventory loss due to pilferage when equipment is rented rather  than owned.  Although at first glance, this may seem strange, there is a logical reason for it.  The presence of continous billing on a rented item tends to establish accountability for that item.  The contractor who owns a grat deal of miscellaneous equipment has a difficult time establishing personal responsibility for any of it.  Tools signed for at an equipment rental yrad- tools which must ultimately be rented- seem somehow to be watched with sharper eyes.

6. Disposal costs.  It costs money to sell any type of used or obsolete equipment.  Preparind the equipment for resale, advertising and selling time are cost factors of ownership that do not occur in renting.

7. Obsolescence.  Faster and better equipment is constantly appearing, as manufacturers battle for a market keenly aware of rising wage costs.  Ownershsip involves the risk of being handicapped with equipment that is slow and unwiedly comopared with new models.  On the other hand, ABC rentals keeps available the fastest types and models of equipment.

8. Correct equipment for the job.  Ownership often forces another kind of inefficiency through the use of wrong size or type of equipment for a given job, even though the equipment is not obsolete.  This can also mean additional, though hidden, costs.  ABC Rentals' equipment insures the correct equipment for the job.

9. Minimum equipment for the job.  Equipment ownership becomes particularly onerous when such equipment must lie idle, as owned equipment often does from time to time.  When ownership, say of only basic equipment only is combines with rental as needed, idle time of equipment is minimized.

10. Personal property taxes and licenses.  There are no personal property taxes or license costs for the user of rental equipment.  On owned equipment these are substantial costs, which must be added to the cost of owning rather than renting.

11. Conservation of capital.  Renting frees capital for other, potentially more profitable uses than that of being  tied up in equipment.

12. Increase Borrowing capacity.  The equipment user who rents rather than buys generally finds borrowing easier because he has a better ratio of assets to liabilities, as the equipment does not appear as a liability on his balance sheet.  This means that his normal line of bank credit is not disturbed.  Contractors have found this most important in securing bonds necessary for construction work.