Equipment Rate Negotiations - Short and Long term Agreements
Equipment Rate Negotiations - Short and Long term Agreements
(OP)
I am looking to hire a piece of equipment for upwards of 6 months and would like some guidance on a possible "volume discount" percentage? The equipment blue book rates reflect a day labour or short term application. If I was to rent the equipment and hire an operator I'm sure I would get a better rental rate over a longer term (5-10%). Why shouldn't this be the case when hiring an independent contractor, or are their other factors the contractor can not take advantage of that a rental company can?





RE: Equipment Rate Negotiations - Short and Long term Agreements
RE: Equipment Rate Negotiations - Short and Long term Agreements
I have also just received a copy of the American Blue Book
which has the ownership costs broken down in monthly, weekly, daily and hourly categories. The difference between a converted hourly and monthly cost can be as much as 25%. Unfortunately in Canada our Canadian blue book has only hourly rates. So I see the US has already dealt with this problem, maybe the Canadians should follow suit.