4 Tips to Determine the Cost of an 18m Articulated Boom Lift

Understanding the Basics

When looking to determine the cost of renting or purchasing an 18m articulated boom lift, it’s essential to consider several factors that can impact the overall expense. Below are four key tips to help guide your decision-making process.

1. Identify Rental vs. Purchase Costs

First, assess whether you will need the boom lift for a short-term project or a long-term investment. Rental costs can vary significantly based on the rental company, location, and duration of use. Compare the total cost of renting versus purchasing to see which option is more economical for your situation.

2. Check Local Market Rates

Next, research local market rates for both rentals and purchases. Various suppliers and rental companies may offer different pricing structures. Websites, direct inquiries, and local industry contacts can provide insights into the average cost in your area. Additionally, keep an eye out for seasonal discounts or promotional offers that may reduce costs.

3. Factor in Transportation Fees

One often overlooked cost is transportation. If you’re renting, consider whether the rental company will deliver the boom lift to your site or if you’ll need to arrange transportation yourself. Delivery costs can add significantly to an already high rental fee. If purchasing, think about the logistics and costs associated with getting the equipment to your location.

4. Consider Additional Fees and Insurance

Finally, don’t forget to account for additional fees that may arise. This can include insurance, maintenance, and operational training for your staff on how to use the machinery safely. Insurance can be particularly significant, especially for long-term projects. Understand all the required permits and regulations in your region, as these could add hidden costs to your project.

Conclusion

By following these four tips, you can gain a clearer understanding of the costs associated with acquiring an 18m articulated boom lift. Taking the time to evaluate your needs, market conditions, transportation, and potential extra costs will ultimately help you make an informed decision that meets your budget and project requirements.