How To Lease, Rent, Or Buy

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How To Lease, Rent, Or Buy

Are you ready to put the power and efficiency of the Street Works Street Trencher to work for you? Whether you’re looking to lease, rent, or purchase our equipment, we have a variety of options designed to fit your need and budget.

Rentals

Renting our construction equipment offers the greatest amount of flexibility. It also frees you from having to bother with maintenance and upkeep, costly repairs and rented equipment can be written off as a business expense.

Short Terms Rentals

Renting a Street Works Street Trencher has never been easier. We offer short-term monthly rentals of our equipment for a minimum of one (1) month, however, we also offer rental agreements for longer terms.

Rent to Own

We also offer a “Rent to Own” option. if you purchase the equipment within six (6) months from the start of the rental a percentage of your rental fees will be applied towards the purchase price of the equipment.


Leasing

Leasing combines some of the benefits of both renting and buying. Lease options vary but are typically for a year or more. Leasing involves less cost upfront since you don’t have to make a down payment and it also frees up capital and doesn’t tie up credit lines. Leasing also allows you the option of getting a new model every couple of years.

Operating Lease

An operating lease is a contract that allows for the use of an asset but does not convey ownership rights of the asset. They’re considered off-balance-sheet financing — meaning a leased asset and associated liabilities are not included on your balance sheet. We offer operational leases for a minimum of twelve (12) months.

Capital (Finance) Lease

A capital lease referred to as a finance lease under ASC 842 and IFRS 16, is a lease that has the characteristics of an owned asset. In accounting, for a capital lease, the lessee records the leased asset as if he or she purchased the leased asset using funding provided by the lessor. We offer finance leases for a maximum of three (3) years.


Purchasing

Owning your construction equipment means you determine how and when the equipment is used as well as having complete control over its maintenance and upkeep. Owning equipment means it’s always at your disposal when you need it and it allows your equipment operators to have a higher level of familiarity with using the equipment that could lead to higher productivity.

New Equipment

Most of our sales are for new equipment as units are typically built to order. Financing is available for qualified purchasers.

Used Equipment

It is rare that we have used equipment for sale due to availability. Contact us to inquire about our current used inventory available for sale.