Dump trucks are incredibly valuable within the construction field. It's possible for businesses to save money as they use these vehicles. Companies can start by deciding whether or not they want to rent or purchase trucks like these.
Renting Specialized Trucks
A number of companies are renting trucks like these today. In some cases, it's because they just won't need them often enough to justify making any purchases. Companies should consider just how often they plan on using these trucks when they're trying to decide whether or not it's ultimately a good idea to rent them. Some businesses will need to use different types of trucks in this product category, including haul trucks, roll-off trucks, and articulated haulers. If they need to use a wide-range of different vehicles, it certainly makes sense to periodically rent the models they need.
It's possible that renting will be less expensive in the long run or even the short-term. However, it should also be noted that the companies that use this option will often run into scheduling conflicts. There might be delays, and the specific type of truck that they want might not be available at the right time. Companies that need one reliable truck frequently enough might just decide to buy what they need.
Investing in a New Truck
Plenty of companies will only use their own vehicles. They will have much more control over the situation that way. Trucks like these are very expensive, of course, and the resale value of these vehicles will vary. There will only be so many buyers for trucks in this industry, which will make it more difficult to sell a used version at a later date. Businesses that get specialized trucks of their own will also have to spend money on insurance. Of course, these companies could always decide to buy used trucks themselves.
Choosing a Truck That Had a Previous Owner
No one should assume that all used specialized trucks will have major problems. Some companies will purchase them before realizing they just don't need them anymore. They could end up selling fairly new trucks to other people within the same industry. While vehicles, in general, can change dramatically every few years, trucks in this product category tend to be more similar to one another from year to year. A dump truck rental can be a solid investment if that's what companies think they need.