Cherry Picker: Rent or Buy?

By renting a basket lift, a company gains flexibility and reduces the initial investment costs. This is an excellent solution for smaller projects and companies that only require access to the lift periodically, for example during a specific construction project. Renting also allows you to avoid problems related to maintenance and technical support, as these issues are the responsibility of the renting company.

Buying a basket lift can be a good solution for projects with a constant need for access to heights. In the long term, owning your own equipment can help reduce operating costs, although of course you have to remember about the additional resources needed for its maintenance or upkeep. Therefore, it is a large investment that companies carrying out larger construction projects can consider. Buying it also gives you full control over the availability of the equipment at any time, which can be crucial in a dynamic construction environment.

The decision between renting and buying often comes down to financial considerations. By renting, a company avoids a large expense, which can be beneficial in terms of financial liquidity. However, it all depends on the duration of the project - therefore, the key deciding factor is the analysis of the company's individual needs. If access to a lift is not required on a permanent basis, renting will be a better solution. However, if the company regularly uses this type of equipment, buying may prove beneficial in the long term. The final decision should result from balancing these factors and adapting to the specific situation of the company.

At Ramirent construction equipment rental, we will find a solution that will be best for your company and project. Contact us about renting basket lifts and other equipment!