Should You Buy or Rent a Wheel Loader?

If you're searching for a durable and reliable earth-moving machine for your construction project, consider investing in a wheel loader. But first, you want to determine whether to buy or rent one. Each option has its own advantages and disadvantages, so it's important to weigh them carefully to identify the right choice.

RECO Equipment is your preferred equipment dealer throughout Ohio, Pennsylvania, and Indiana. Our experts have created this guide to help you familiarize yourself with the benefits and downsides of buying versus renting a wheel loader. Read on to learn more, and for more information, contact our dealership today!

Cost

One of the main factors to consider when deciding between buying or renting a wheel loader is cost.

While purchasing a wheel loader may have a higher upfront cost, it can ultimately save you money in the long run, especially if you hope to use it frequently. On the other hand, renting a wheel loader may be more cost-effective if you only need it for a short period of time or occasionally.

Maintenance

Next, you’ll want to think about maintenance before finalizing your decision. If you purchase a wheel loader, you'll be responsible for maintaining it proactively and regularly. This can include regular inspections, repairs, and replacement of parts.

Conversely, renting a wheel loader gives you the flexibility to avoid this as the rental company will handle maintenance and repair work. This can be a major advantage for those who don't have the necessary skills or time to maintain a wheel loader.

Longevity

Finally, it's important to consider the longevity of your investment.

If you’re considering making a long-term investment, buying a wheel loader will be the best option as it’ll provide value for years. If you eventually decide to sell your machine after using it for a few years, you can recoup some of your initial investment. Conversely, renting a wheel loader doesn’t offer you any long-term benefits. It’s a better option only if you require it for a temporary project or a short-term duration.

Are you now ready to explore a few models in person? Visit RECO Equipment to peruse our latest inventory of wheel loaders from various premium brands. If you tell us about your budget and unique requirements, we’ll help you pick a model that fits your budget and needs. We have multiple dealerships throughout Ohio, Pennsylvania, and Indiana, so stop by the one nearest to you!