Sometimes renting equipment for a job is a good option. But there comes a time when making an outright purchase would be better.

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If some of your work entails using heavy equipment, when is it a good time to get away from renting and move toward the ownership route on a machine? Here’s a list of factors to help guide the decision.

Whether you’re using data to monitor fuel usage in your fleet, stay on top of maintenance scheduling or some other purpose, the ultimate goal is improved cost savings and efficiency. Be sure you’re making the most out of it.