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One of the most significant factors to consider when planning to rent equipment for your next project is the cost of the equipment rental required to complete your tasks. The most popular piece of equipment for project rental in Singapore gonna be a scissor lift, which allows workers to reach higher areas or accomplish tasks that would otherwise be impossible. Scissor list is definitely the most common rented equipment worldwide.
The cost of scissor lift rental may greatly vary across different countries and specifications. The traditional way of sourcing that you need to research, call, email, clarification, and negotiation may take you hours and days. You may still not get the best price then.
To help you better understand what to expect in terms of scissor lift rental prices in the Singapore market, we’ve broken down some common factors that affect the cost. In order to make a more informed decision when renting from suppliers in Singapore, you must be aware of the factors that affect Scissor Lift rental prices. Consider these 7 important factors when estimating costs:
1. Size
Scissor lifts are usually selected via the maximum platform height. The higher the scissor lift can go up, the larger the machine and thus, the more expensive the rental price.
Source: Zoomlion Scissor Lift Catalogue
The same platform height of the scissor lift may have different max loading specifications. The higher the loading capacity, the higher the price as well. The price above doesn't include delivery cost which may vary depending on the location of delivery.
Aside from platform height, you can also categorize scissor lifts into 2 types which are electric-driven or diesel-driven. In fact, the electric scissor lift is outnumbered by diesel-driven scissor lifts in the market. Due to the rareness of diesel scissor lifts, which are designed for outdoor usage, diesel scissor lifts or rough terrain scissor lifts will cost much higher than electric/battery-driven scissor lifts.
A certain brand of scissor lifts may be more costly to rent compared to another less popular brand. Some American and European brands may charge higher rental fees as compared to other brands such as a Scissor Lift from China. However, the technology for some of the less popular brands in the past has been tremendously improved and the gap in rental rates has been reducing significantly nowadays.
Knowing your exact timeline ahead of time will save you from paying for unused days or having to extend your rental duration later. The longer the rental period, the lower the daily rate. For short-term rentals such as daily or weekly rentals, do expect to pay more! For example, a 6-meter electric scissor lift might cost S$300-400 for a one-week rental, and 200-300 for a day rental compared to only S$500 for a month-long rental.
The cost to rent a Scissor Lift can vary greatly depending on your project's location due to delivery fees. In Singapore, the delivery fees are quite standard as it is a small country. However, when we go into a much larger country such as Malaysia or Indonesia, delivery fees may be a crucial cost. Sourcing the rental of your preferred equipment with the nearest rental company may greatly save your rental costs.
Of course, the scissor lift rental rates also vary according to market supply and demand. Prices can fluctuate throughout the year depending on the situation of the rental market. Rental costs are frequently higher when Scissor Lift is in high demand and lower when there are fewer active development projects.
Do you know that 99% of equipment rentals in Singapore, Malaysia, and even the entire Southeast Asia are not covered with equipment at all risk during the rental period to protect users from any accident? The reason is simply there is no such insurance product to protect users from any equipment damage loss for short-term rental from one day to less than a year. The underwriting time may even take more than weeks which makes user impossible to purchase. So, it is crucial to rent your equipment with insurance to protect your risk exposure. Otherwise, any accident can cause a major cost impact on your equipment project budget.
If you manage to rent the scissor lift with coverage of Equipment All Risk, even with just a slightly higher rate, you should consider going for it as the risk exposure will be much more than you thought!
One of the ways to get Equipment All Risk covered is to rent your equipment through a reliable online rental platform such as Antbuildz.com. Every single piece of equipment that you reserve through the platform will be compulsorily covered with Equipment All Risk which protects your equipment damage risk up to $30,000. What good is it's totally free!
Above are some of the factors that will affect your scissor lift rental rates. Understanding the factors well can help you to source the best quality scissor lift with the lowest cost possible to meet your project budget. We know this could be a time-consuming job if you need to do all the sourcing alone.
Do it smartly! Instead of calling/emailing each supplier one by one, search, compare, and rent your scissor lift in just a few clicks with the largest online equipment rental platform in Southeast Asia, Antbuildz.com!
Do you wish to rent equipment or a vehicle? Get the best rental rates by visiting Antbuildz.com today! Whether it's for a single day or a few months, every equipment rental made on Antbuildz.com is covered by Antbuildz Protection Plan, which provides up to S$15,000 in first-loss coverage. YES, IT IS ABSOLUTELY FREE!
Any Questions?
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