Your One Stop Guide for Lifting Equipment Hire Vs Buying Options

In today’s dynamic world, industries in various sectors have increasingly begun going for renting or hiring equipment instead of purchasing it altogether. Similarly, in the case of lifting equipment, renting has indeed become a necessity for most industries whose work load tends to vary from project to project. With several types of lifts available for hire and for varying time periods, its vital to know the crucial aspects before going ahead with lifting equipment hire.

Opting for lifting equipment hire provides an opportunity to choose from a wide range of available machines for varying types of lifts which would be suitable for their specific work operation and project. You do not need to compromise by taking a single machine for various works like in case of purchasing, wherein the cost involved makes it difficult to purchase many machines and lifting equipment.

5 Crucial Benefits of Lifting Equipment Hire Over Buying It:

  • Lower Maintenance Cost

As the company renting the equipment is not responsible for any sort of maintenance or repairs required for the lifting equipment hired, it lowers the maintenance cost. Tool hire agencies also offer insurance, that covers all such associated costs, thereby ensuring the rented lifting equipment or machine would be replaced or repaired whenever required, at no extra charges.

  • No Lumpsum Investment

You do not need to invest in the form of huge capital to purchase the lifting equipment or machinery if you simply go for lifting equipment hire. Hiring saves you from this burden of arranging a huge sum of money, instead lets you enjoy its operational benefits as much.

  • Eliminates Depreciation

Given the dynamic nature of ever changing and improving technology, new machines keep on coming into the industry, which further raises the depreciation of existing machinery. But when you opt for lifting equipment hire instead of purchasing, you get saved from this risk of depreciation, and you can hire the latest machinery and lifting equipment whenever required, without owning it.

  • Highly Cost Efficient

The primary and most crucial benefit of lifting equipment hire over buying is that it is extremely economical, as you do not need to purchase it, and just rent it for the required period of time. Whether you have a large commercial project in hand or a small one, you get a piece of suitable lifting equipment for carrying out the work efficiently.

  • No Storage Cost

Going for lifting equipment hire instead of purchasing also removes the need to pay any storage costs, thereby saving plenty of expenses. If you purchase the machinery, you can find it difficult to store it and have to incur storage costs as well.


Eros Hire is one of the best tool hire agencies in Aylesbury and Wycombe of Buckinghamshire. It offers all kinds of tools and equipment at extremely affordable rental charges for clients. From tools to fix household items to heavy-duty machinery for commercial use, it offers everything. Wait no more and contact Eros Hire to discuss your requirements and find the most suitable yet efficient tools.