Buying Yard Ramps – Better Solutions For Business Owners
Buying yard ramps instead of renting one could save business owners unnecessary capital spent in the long run. So if you’re asking yourself why should I buy a yard ramp rather than rent one? this article is a must read for you. Our intake team has answered this question from prospective customers regarding the pros and cons of buying a yard ramp versus renting very often. However, understanding the full scope of this debate falls to you the business owner. Factoring in upfront and long-term costs should be questioned with all business owners needing yard ramps.
Focus on your equipment used at a loading dock including certain requirements, like durability and weight capacities, as well as expense and serviceability. Reaptaley we talk to people who have spent considerable amounts of capital into renting a yard ramp a here and there while they could have invested in one for much less. Resulting in less headache and employing a ramp whenever needed.
However, with that being said, there are other situations when renting seems more efficient. Therefore we do offer those options to those who truly need it. However, we typically will recommend considering buying a new or used yard ramp first.
Renting Yard Ramps Can Get Expensive
Renting a yard ramp can cost your business anywhere from $1-2,000 per month, plus upfront security deposits. Monthly rentals are also typically the shortest term available. The cost adds up with a few rentals over the course of several years. This could lead to a major financial burden, without the benefit of owning your own equipment and having it on hand at all times.
If it’s a one and done situation then yes a rental is the best source for you to employ. If it’s a seasonal situation that you source out year after year; investing in yard ramps serves your business more financially in the long run.
Renting Can Add More Risks And Potential Costs
Rentals can also mean additional risks and potential costs. You as the renter will be held liable for any damage to the ramp that could occur, similar to if you were renting a vehicle. Additionally, if you’re renting from a third party and not the manufacturer, repairs are going to be exceedingly expensive.
Meanwhile, you don’t know the quality or condition of the ramp you’re receiving. It could be quite old or in a state of disrepair, leading to potential safety hazards or ineffectiveness, yet, you could still end up responsible for paying for repairs or damage that was there when you received the ramp.
Investing Accommodates Room for Growth
As a prospective customer needing to rent a yard ramp or an additional yard ramp does not always indicate you’ll need one again in the short-term. However, by investing in the equipment, you allow room for your business and your facility the chance to grow. Having a long-lasting, durable on-site yard ramp offers your business added versatility and flexibility, and the ability to take on more projects, or larger ones, and to be more productive and profitable. Now is the time to establish your business for growth. No longer worrying about when the situation presents itself or leaves yourself in a more stagnant position, where costly short-term stopgap solutions are your only recourse?
Ultimately, buying yard ramps is always going to be the superior and more cost-effective choice. Over the long haul, you’ll save money while increasing capacity, capability, and versatility. Therefore, avoiding the pitfalls, risks and hidden costs of renting and be investing in your own business. Feel free to contact our team today at 800-321-4968 Browse our site to learn more about our yard ramps and other types of material handling equipment.