Why Rent a Semi Trailer?
If you need a semi trailer, should you rent or buy? Owning a trailer is usually more cost effective in the long run, but there are advantages to renting or leasing a trailer in certain situations. Here’s a look at a few of the reasons why renting a trailer for an upcoming job might be the right choice. If you have any other questions visit Utility Trailer of Washington in Auburn, Mt. Vernon and Richland, Washington. We proudly serve truckers in both Washington and Alaska.
Financial Benefits
One of the key benefits of renting a trailer is freeing up cash. This can be particularly useful if you experience increased seasonal work or if you’re looking to improve your profit margins on certain jobs. You’re also not personally responsible for maintenance and upkeep on the trailer. This can obviate the need for dedicated service facilities and personnel. In fact, if you rent your trailer from a full-service company they will usually provide around-the-clock roadside assistance.
Flexibility
If your business is growing quickly, renting a trailer will help you stay on top of your new business without forcing you to commit to taking on additional payments right away. Work opportunities in the transportation industry can be notoriously unpredictable, and it can get expensive to store an unused trailer during the lean times.
Renting also enables you to try out new equipment before you commit to a future purchase. This is a great way to be proactive and stay better prepared for your long-term business needs. Technology changes often and so do laws and regulations. You won’t be forced to scramble to catch up if you’re in an industry where things change quickly. All that you have to do is contact your local rental company and you’ll always have the most state-of-the-art trailer for any upcoming jobs.
Tax Benefits
Deducting lease payments on a trailer doesn’t offer as much of a tax advantage as making an outright purchase, but you won’t have to make payments on depreciating assets. You may also have to pay sales taxes and fees on a trailer rental. Be sure to consult with your accountant or tax attorney to review your local regulations. He or she will be able to review your particular business situation and discuss your options. Purchasing a new trailer definitely has a lot of advantages, but there will certainly be situations where renting makes better business sense. Renting a trailer might not be the right choice for an established business, but it is a great option for growing companies!
To see our current inventory of trailers for sale visit Utility Trailer of Washington in Auburn, Mt. Vernon and Richland, Washington. We also have mobile service locations in Alaska to serve you.