Deciding to Rent or Buy Equipment

Oklahoma City, Tulsa, Amarillo, Lubbock, Abilene, Odessa, Ft. Worth, Dallas, Kansas City and St. Louis.

 

 

Reasons to Rent Equipment

 

Supplement your primary fleet

Meeting jobsite and customer deadlines with your present fleet may not be the most economical and profitable solution. As uncertain as the economy can be, renting reduces the risk of ownership.

 

Job Specifications

Each job is different and the average size contractor or utility can't afford to invest in a fleet of equipment to match every job. Kirby-Smith has more than 2,000 pieces of equipment for all your jobsite needs.

 

Try It Before You Buy It

It's hard to determine the performance of a piece of equipment from videos, specification sheets and even testimonies. A better way is to rent a unit to thoroughly evaluate productivity, fuel economy, and operator comfort. Kirby-Smith's rental fleet is composed of current model units designed for maximum performance and efficiency.

 

Reduce Costly Breakdowns

Kirby-Smith has a rigorous maintenance system to assure renters that each serviceable item has been thoroughly checked before it leaves our facilities.

 

 

No Capital Investment

Renting frees up business capital and an expense is only incurred for the equipment when it is needed for a particular job.

 

 

Enhance Borrowing Capacity

Since renting is not a liability, renting actually increases your borrowing capacity on your balance sheet.

 

 

Why Rent from Kirby-Smith?

We are proud to maintain one of the largest rental fleets in the region, and we are continuously recognized in the industry for the quality and size of our rental fleet. 

  • Large fleet of current model equipment
  • Rentals available by the week, month or longer
  • Low weekly and monthly rates
  • Variety of options: rent, rent to purchase, buy or lease
  • Low finance rates available with Komatsu Financial
  • New and used equipment for sale

Contact your nearest Kirby-Smith location about equipment rentals for your construction or industrial job site needs.

Need more help?

 
Consider the following questions when deciding wheather or no to rent: 
  • How well did past rent-or-buy decisions work? Were they profitable?
  • Were all safety decals and shields on the rental units? Were operator manuals provided with the rental?
  • Will the dealer provide operator training throughout the rental period?
  • What are the initial and ongoing costs? What are your responsibilities as a renter?
  • Is there a buyout option available? What are the buyout options?
  • If the contract is considered a rent-to-rent, do you have the option to buy?
  • With a rent-to-rent contract, do you have first right of refusal to buy the unit you are renting before it is sold to another party?
  • What if the equipment does not fit the job or crews' needs? Are there exchanges and what are those costs?
  • Can other departments share the equipment under the same contract? Does the expense of the rental need to be split between different parties?

Answering these questions will result in an educated, informed decision and a mutually acceptable agreement between your company and the rental company. 

Before you or one of your employees signs a contract, make sure you understand the responsibilities of both parties.