The reason renting equipment costs so much is that there's a big risk in renting it out. Inexperienced operators are many times more likely to break things or have accidents. To get around this, you may be able to save by taking the risk on yourself and buying, using, then re-selling an excavator. You take a big risk on possible repairs, but if you find the right deal, you may end up using the equipment for nothing, and you can take your time.
There's the biggest risk of all though: My Dad bought a a Bobcat mini excavator at auction to do some work and that was about 8 years ago and now there's no getting rid of it. It's just too darn convenient to have around. Anyway, it's not like a car. Industrial equipment doesn't depreciate very fast if it's maintained, shedded, and not adding on many hours.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
... [Read Article]
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