The Best Way to Price Construction Equipment Rentals
Renting construction equipment is popular for construction companies of all sizes for many reasons. Renting equipment is cheaper in the long run compared to buying it. By renting, companies can get exactly the equipment they need for just as long as they need it. There are no storage costs or idle equipment sitting unused for months out of the year. But how do you price out, estimate and plan a budget for construction equipment rentals?
The Old Way To Price Construction Equipment Rentals
In the past, the way that contractors priced equipment rentals was to call around to their preferred suppliers and rental houses and ask for quotes.
There are a few challenges with this process.
- Renting from a new supplier means tons of paperwork and relationship building. Keeping payment plants, invoices, contracts and paperwork straight can take a lot of time and effort.
- Prices are often hidden and subject to “special deals” or “price discounts”. This may sound good but contractors can’t really know if they’re getting a good price or not. They’re at the mercy of what sales teams say is a good deal.
- Waiting for emails and phone calls back and forth with sales reps and project managers can put you behind schedule and result in a never-ending game of telephone tag.
Budgeting projects - especially large projects with multiple rental needs - is even more challenging. Trying to maintain relationships and contractors with a dozen rental houses with different pricing models is not feasible. In the end, many construction companies end up getting all their equipment from the same rental company whether or not it’s best for their budget.
Pricing Rentals In an Online Marketplace
The best way to price out construction equipment rentals is to utilize the DOZR marketplace. Going to DOZR.com/rent opens up the ability to search for the equipment you need in the location you need it.
Why is this so beneficial when pricing out rentals? The DOZR Marketplace hosts dozens of rental companies and their prices in one easy-to-read list. Project managers or anyone in charge of budgeting equipment rentals can see what companies list for what prices with the click of the button. To put it simply, on the DOZR Marketplace, you can:
- Compare prices of sizes and equipment types
- Compare prices from different suppliers
- Get delivery estimates
- Contact the DOZR Sales Team for complicated rental needs and get one quote for multiple pieces of equipment
Why Is This Helpful When Pricing Equipment?
Searching for equipment rentals on the Marketplace means that you don’t have to stick with a single company for your rental needs.You can price and budget your project based on the best deal. A single account with one point of contact for the equipment you need for your entire project! DOZR has partnered with thousands of rental companies across North America. Everyone from large multinational rental houses to the local family-owned business can be found on DOZR. No more relationship-maintaining to get a good price. You can trust the prices without needing to dig for a deal.
The DOZR Sales Team can also help you source other site materials for your construction project, too. If you’re looking to add on light towers, generators, porta potties and fences, the DOZR Sales Team can source all of these for you as well.
Better Pricing = Better Budget Management
When you can source machines and compare prices in real-time, you can feel confident about your budget choices in regards to your project. Working with DOZR as a single source for all your construction site needs also opens up the ability to rent specialized equipment for exactly as long as you need it. Using the perfect machine for a job can improve efficiency and reduce budget waste.
Use the DOZR Marketplace To Explore Rental Prices
The DOZR Marketplace is the hidden tool for contractors, project managers and estimators when it comes to planning your project and pricing equipment rentals. It’s more than a rental marketplace - it’s a tool for contractors and construction companies to come back to at all stages of a project. Next time you need to estimate or budget construction equipment rentals, head on over to DOZR.com and start exploring rentals near you.
