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 - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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