3 Excellent Reasons to Purchase a Forklift Instead of Renting One

Blog

A forklift is an amazing piece of equipment that can be used for several different projects. If you are someone who needs to use a forklift, you need to choose between purchasing one or renting one. This article is going to discuss 3 excellent reasons to purchase a forklift instead of renting one.

Save Money in the Long Run

While you may initially think that you are going to save money by renting a forklift, instead of purchasing one, this likely isn't going to be the case. When you rent a forklift, you are often going to be charged an hourly or daily fee. If you have several projects that you need to complete using a forklift, this is going to add up very quickly. Depending on how often you need to use a forklift, the cost of renting one will soon add up to the cost of purchasing one, and you will still have to keep paying each time that you rent one. On the other hand, if you choose to purchase a forklift right off the bat, you just have the one initial cost and then you can use your forklift forever.

Tax Deduction

When you rent a forklift, you are going to give it back each time that you are done using it. Because of this, the forklift is not going to be considered a business purchase for you. However, if you choose to purchase your forklift instead of renting one each time that you need it, you are going to be able to include your forklift as a tax deduction. Since a forklift is going to cost you a good amount of money, whether your rent it or purchase it, it only makes sense to purchase it and get the benefits of deducting it from your taxes.

Less Stress & Rushing During Projects

If you rent a forklift, you are likely going to feel like you have to rush and get your projects done so that you don't have to pay too much for your forklift rental. This can cause you a lot of stress and can sometimes result in a sloppy job because you aren't as careful as you should be. However, when you decide to purchase a forklift, you don't feel that need to rush and cut corners because you have access to the forklift without having to worry about having to pay more and more money for each hour or day that you have it.

Share

3 March 2017

Women Can Do Construction, Too

My name is Autumn, and I'm glad you are here. I am one of very few women who work in construction. Yes, I operate heavy machinery. I also use power tools and climb up on planks high in the air. I am a construction worker, and I am just as good at it as my male co-workers. In fact, I often consider myself even better. I hope this blog will help people understand that women can choose to do anything that interests them, and that it is okay for a women to pursue careers that are traditionally reserved for men.