Heavy Construction Equipment Rental Costs You Should Plan And Understand Before Your First Rental

Do you have plans to make first-time arrangements for a heavy construction equipment rental? If so, you may be wondering how much it is going to cost to rent. The total cost of your equipment rental will be based on a number of factors such as the type of equipment rented and the duration of the rental. There are some fees that you may be able to avoid, which could trim your costs. The following are examples of some fees and options you may encounter.

Base Price

This is the cost that you will likely see advertised. It may be listed as a daily, weekly or monthly price. If you have a project that is expected to be completed in less than a week, it might still be more sensible to opt for a weekly rental. You can always return the equipment sooner than a week if needed, but if your project lasts longer than expected, you might end up paying more if you choose to be billed daily.

Damage Protection

This will likely be an optional form of protection for the equipment you rent. If an unfortunate accident occurred or the equipment got damaged while in your possession, this could protect you from additional fees. This is not the same as insurance, and the protection plan will usually offer protection up to a certain dollar amount. For example, the plan might protect you from damage fees up to $500.

Fuel Costs

You may be expected to return the equipment you rent with a certain amount of fuel in it. Some providers may have a clause in their rental agreements that allow renters to pay for their fuel when they return the equipment. For example, you will likely receive equipment that is full of fuel, and if it is returned below full, you would have to pay the cost of filling the equipment to the provider. Their fuel costs may be slightly different than those of fuel purchased at a retailer. 

Environmental Costs

Some heavy equipment providers may not assess this fee, and others may assign it based on the type of equipment rental. It will likely appear as a flat fee for each piece of equipment or per rental order. The money collected from the fee is used to keep companies compliant with government policies, which can help minimize the impact of environmental harm that can be caused by issues such as waste run-off from equipment. 

Delivery Costs

This is a cost that you could avoid if you have a way to arrange your own pickup and delivery; however, keep in mind whether it will be sensible to do this yourself. For example, if you are renting several pieces of equipment, you might have to make several trips. The rental company could likely make one delivery trip, which can save you time and resources. Delivery fees may be billed at a flat rate up to a certain mileage, and any miles over that might be billed in increments. 

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