Why renting equipment is more sustainable than buying?

As more individuals and businesses seek to minimize resource use and make better use of equipment throughout its lifecycle, the concept of renting rather than owning is becoming extremely popular, resulting in a more sustainable environment - and long-term success for those who engage.

Rental business models have been found to encourage efficient equipment use and minimize carbon footprints, and the European Rental Association estimates that emissions might be lowered by 30 to 50 percent. While renting equipment can help reduce carbon emissions, it also provides improved access to the best products when you need them, avoiding the burden of unnecessary investment and maintenance, and outsources product responsibility and legal compliance expenses. 

Need more convincing? Here are five reasons why renting equipment may be the key to a more sustainable business:

1. Limit the excess production of new equipment

Renting equipment eliminates the manufacturing of new equipment production and the carbon emissions associated with the production and end-of-life phases, as well as taking advantage of better resource utilization efficiency and lowering expenditure. For example, suppose a mini excavator was rented by ten different users over the course of a year who would otherwise have to purchase it themselves. The carbon emissions of the production and end-of-life phases of 10 mini-excavators are extremely large and can be avoided by simply renting them.

2. Access to the newest equipment

Newer equipment is developed, operated, and maintained with efficiency, and environmental considerations in mind, which can significantly reduce the usage of limited resources, over time. When renting you are more likely to have access to more up-to-date equipment, which is more environmentally friendly. Examples include electric or hybrid vehicles that reduce or even eliminate carbon emissions. At Antbuildz, you can choose from a variety of zero-emission engineering equipment and vehicles, including electric boom lifts, electric vans, and more. 

3. The right equipment for the job

When you own a piece of equipment, you are forced to look for ways to get the most out of it. This can result in inefficient usage of equipment, and using equipment for tasks that it may not be designed for. Renting provides you with flexibility, and is a cost-effective method to select the right equipment for the job. Having the right equipment reduces cost and is an environmentally friendly decision, as jobs can get done faster, use less fuel, and have lower costs.

4. Rent equipment nearby where you use it

One of the largest financial and environmental costs in the construction industry is the long-distance transportation of equipment to job sites. For large companies with large inventories, these costs can add up to a significant environmental footprint. By renting equipment close to where it is needed, environmental impacts are limited, transportation costs are minimized, and equipment that would otherwise be idle while in transit can be put to use elsewhere, improving profits.

5. Online rental 

Going online saves a lot of time and money because it eliminates the need for paper transactions and invoicing. Given that practically everyone nowadays uses the internet, it is easy to reach your target audience. This can benefit both equipment owners and users because connecting them is as simple as a click away. Try it yourself: https://bit.ly/3YzNbik

Create a more sustainable world with rental

We are going into the world of rental. We share, subscribe, lease, and rent things in our life. It improves the efficiency of resource allocation in the world and hence reduces the wastage of resources. To summarize, the rental market assists a wide range of clients and sectors in lowering fixed costs, offloading risk, and increasing sustainability. It goes far beyond construction tools and equipment; renting is an intrinsically circular and sustainable strategy that reduces your equipment's environmental impact.

Need to rent Equipment? Check the rental rate instantly now! 

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!