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Renting vs. Owning A Yard Ramp

stationary yard ramp los angelesIf your business needs a yard ramp, you not only have options in terms of where to get one but also in terms of purchasing one or renting one. Depending on your particular needs and situation, purchasing or renting a yard ramp may be more appropriate for you. We’ve put together a list of things to consider when deciding between renting or owning a yard ramp.

Initial Capital

The first thing that most companies consider when debating on whether to purchase or rent a yard ramp is the amount of capital required. Yard ramps, while affordable, can eat into your equipment budget pretty quickly. You do have the option to opt for a cheap, off-brand, poor quality yard ramp for purchase, but you are a smart business owner and know that that is not the way to success. If you don’t have the budget to spare, renting a quality yard ramp is a very appealing option.

Terms of Renting

Another thing to consider when making your decision are the terms of the rental. Your needs may call for a short rental duration. For example, you may be expecting a huge shipment in a single day. Therefore you can choose a short term rental. Alternatively you may need the yard ramp for a longer period of time. This could call for either a long term rental, or even a purchase.

Purchase Credit

If you are thinking about renting a yard ramp, check to see if the rental company is offering credit towards your purchase. This is something we offer at Medlin Ramps that is not offered everywhere else. Why is credit towards a purchase helpful? You may be renting a ramp because you need it for a short period of time. Then you realize just how useful the ramp can be in terms of increasing your efficiency and now would like to purchase one. With Medlin, we provide purchase credit to our customers who are renting.

Availability

One of the major factors to consider when deciding to buy or rent is the availability of a ramp. Are you the type of business that is going to need a yard ramp on a whim? While we do a great job of having ramps available for rent, it might be in your best interest to purchase a ramp just in case your business depends on one at the last minute.

Usage

Finally, a factor to consider is how much you will using the ramp. Businesses that will be using a yard ramp consistently and continually throughout the year will probably benefit more from purchasing a yard ramp. If your business only uses a yard ramp during peak seasons, renting may be a better option.

For more information about purchasing or renting yard ramps in Los Angeles, contact Medlin Ramps online or give us a call at 877-4-MEDLIN.