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Buying vs Renting a Boom Lift

Vertical Masts Lifts
Vertical Masts
Trailer Mounted Boom
Push-Arounds
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Scissor Lifts
Articulating Booms
Articulating Booms
Telescopic Booms
Telescopic Booms
Trailer-Mounted Booms
Telehandlers

A boom lift adds immense value to your project as it allows access to impressive vertical heights. Choosing the right boom lift can help you arrive at the completion of your project sooner, and ensures the safety of your team.

Once you’ve decided that you want a boom lift for your next project, you have two options available to you. You can begin searching for a boom lift for sale or you can hire a boom lift for the duration of your project.

This decision is a lot more complicated than it may seem at first glance. This is because there are many pros and cons involved. As there are many project managers and business owners who may be in this position, we’ve come up with a list of pros and cons that may help you with making this decision.

BUYING VS RENTING A BOOM LIFT

Pros of Buying a Boom Lift

When you find the perfect boom lift for sale and purchase it for your business, you are investing in an asset that adds immense value to your business. Investing in a boom lift could actually save you money in the long run as you’ll no longer need to pay rental fees.

Potential Cons of Buying a Boom Lift

The selling prices of boom lifts are usually significant, and you may have to take out a loan to cover the costs. In addition to this, you should consider the costs of storage, insurance, and maintenance. Owning a boom lift is certainly quite a responsibility.

Pros of Renting a Boom Lift

When you rent a boom lift you are not responsible for long term storage or maintenance. It can sometimes be the simpler choice as you simply use it for the duration of your project, pay the rental fee, and hand it back. Not much commitment on your part.

Potential Cons of Renting a Boom Lift

Over time, you could end up paying more in rental fees than you would if you simply bought one upfront!

Here at Sterling Access, we have several different boom lifts for you to choose from whether you are looking for a boom lift for sale or to rent. Please feel free to contact us at Sterling Access should you have any questions.