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72% of Contractors Switched to Renting Equipment. The Ones Who Didn't Are Losing Money.
Seventy-two percent of contractors rented equipment in the last twelve months. That's not a backup plan anymore. That's a strategy. Data just dropped at CONEXPO this week. Three things hit at the same time. Tariffs pushed new equipment prices up. Caterpillar alone is passing $2.6 billion in tariff costs through to pricing. Interest rates made financing more expensive. And 25% of contractors hit unexpected demand spikes this year, the highest in three years. You can't predict what jobs are coming, so buying a $200K machine at 7% financing is a bet you might not win. The contractors who own everything are tying up capital in depreciating iron while the market stays unpredictable. The ones renting strategically are keeping cash liquid, matching equipment to specific jobs, and turning a fixed cost into a variable one. Own the machines you use every day. Rent the variables. That's the new math. Subscribe if you run a contracting business. We break this down every single day. #contractor #landscaping #constructionbusiness #equipment #profitmargins #smallbusiness #cfo #landscapingbusiness #conexpo #caterpillar
Видео 72% of Contractors Switched to Renting Equipment. The Ones Who Didn't Are Losing Money. канала Ascend FinTech Solutions
Видео 72% of Contractors Switched to Renting Equipment. The Ones Who Didn't Are Losing Money. канала Ascend FinTech Solutions
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12 марта 2026 г. 15:58:25
00:01:15
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