Rent to Own Bucket Trucks – A Good Choice?

     Renting to own is an often frowned upon way of purchasing things. The stigma attached is usually unwarranted. Many times, a rent to own plan provides the buyer lots of advantages. Lets look at what the advantages and disadvantages with a rent to own bucket truck.

Advantages:

- Keeps you protected in case business slows down (you just turn the truck back in and walk away).
- Limits your upfront expenses. You don’t have a down payment to use up capital.
- Allows you to test the truck before purchasing.
- Keeps you covered in case of an accident or if something breaks.
- More write-offs on taxes.

Disadvantages:

- You pay more for the truck.
- It is not an asset on your company’s balance sheet until it is paid off.

      You have to weigh your options before considering a rent to own bucket truck. Most rent to own dealers like Southwest Equipment are very flexible on the terms. Get to know you’re dealer and make sure they are giving you a square deal. The company you rent from makes the biggest difference in your satisfaction and bottom line.

Have You Ever Rented a Bucket Truck or Digger Derrick?

Bucket Trucks Info is taking a poll. We want to know if you have ever rented a bucket truck or digger derrick? We want to know what your experience was like, what job you did, and if possible how much you had to pay. Share with us and the world, your thoughts on the company you rented from and the quality of work you got out of your bucket truck or digger derrick rental.