What Does it Cost to Rent a Crane?
Crane Rental Cost
A crane rental is a rugged and reliable tool for various heavy-lifting applications across industries. Available for large-scale and small-scale projects, the crane serves a crucial purpose in the construction, manufacturing and utility sectors, among others. If you’re considering crane rental costs for your projects, we’re here to help you identify what you need for the job.
At Riggers Inc., we offer specialized equipment for transport applications. With our innovative inventory, we can provide a broad selection of sizes to address your operational requirements.
When Would You Need to Rent a Crane?
Renting a crane could be the right solution for you for a few different reasons:
- You have a heavy-duty lifting job: Whether you have an ongoing or temporary need for lifting power, a crane is ideal for transporting heavy materials, loading and unloading freight, and lifting large equipment and supplies.
- You need to expand your fleet temporarily: If your current equipment fleet isn’t sufficient to handle a larger-scale job, a rental can help you get the work done.
- You don’t want insurance costs: When you need a crane for a short-term or long-term application, rental equipment gives you the capabilities you need without insurance and other ownership costs.
- You need equipment flexibility: Renting gives you the machinery you need for the period you want.
How Much Does It Cost to Rent a Crane?
Knowing how much renting a crane will cost is important when calculating your project budget. Several factors influence crane rental prices, so you’ll need to request a quote from a trusted supplier to get an exact number. Different crane models with multiple specifications are available for users.
As a result, pricing can range widely, from about $200 for smaller cranes to around $1,000 for larger options. A tower crane may cost $15,000 per month. Keep in mind that several other costs will also factor into your final rental expenses.
Additional pricing factors to consider include:
- Delivery and assembly fees: Depending on your location and on-site capabilities, you may need to pay for the costs of equipment transportation and assembly at your work site.
- Permit costs: You could be responsible for obtaining crane operator permits and covering any associated expenses so you can safely and effectively use your equipment.
- Personnel expenses: If you need personnel to operate the crane professionally, you’ll need to include labor rates in your final rental budget.
- Miscellaneous fees: Various other expenses, such as maintenance, may also be a part of your final rental costs.
What Affects the Price of Crane Rentals?
You’ll find that each crane and rental provider will have unique pricing. A few primary factors influence the price of your equipment and help you evaluate the most cost-effective options:
- Type of crane: The brand and model of the machine can cause significant pricing differences, so ensure you know what equipment type you need beforehand.
- Lifting capacity: The crane’s lifting capacity correlates with price and size. Cranes with the largest capacity cost the most.
- Location: Equipment markets can differ based on location, so where you work and where you’re renting may also influence pricing.
- Duration: You may have the option of choosing hourly, weekly or monthly rates for your rental. Each term will provide different cost benefits depending on your specific applications.
- Demand: If demand for the equipment you need is high, you’ll likely find that rental prices have increased too. On the other hand, decreased demand will help you rent your equipment at a lower price point.
What Are the Advantages of Crane Rental Service?
When you choose crane rental services for your operations, you can gain several key advantages:
- Minimal transportation and storage expenses: With rental equipment, you don’t have to store or transport a crane you’re not using. Instead, you have the flexibility to keep the equipment on-site only while you need it.
- Lower capital investment: A crane purchase can be thousands to over a million dollars depending on the size and lifting capacity while renting provides what you need for a much lower upfront cost.
- Decreased maintenance requirements: When you choose a rental, you can get ongoing equipment support to ensure it stays in optimal condition. Rather than investing in upkeep and ownership costs, you get the benefits without the long-term maintenance needs.
Choose Riggers Inc. for Your Crane Rental
Work with Riggers Inc. to get trusted rental solutions for your critical operating requirements. Whatever crane model and equipment capabilities you may require, we offer flexible rental terms and a broad inventory to fit your applications. With over 40 years in business, we bring long-term experience and expertise to help you find the right solutions for your job site. We can also provide ongoing rental support throughout the duration of your equipment lease.
Whether you have questions or product inquiries, our expert team is here to help you in any way we can. If you’d like more information on what we have to offer, get in touch with us today.