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You've decided it's time you need some heavy equipment or trucks. Maybe you've got some big contracts coming down the pipe, you're growing or expanding your company's capabilities, or you just need to replace your current heavy equipment. So how do you decide when to buy equipment and trucks and when to rent what you need?

With pros and cons to both renting and buying, it pays to evaluate your company's current situation and capabilities (financial and otherwise), your future plans, and carefully consider which method of acquiring equipment will be most advantageous to your business - and which is also simply going to make your life easier. Certainly, initial cost is a major factor in the decision process, but it's not the only one - there are several things to consider when it's time to gear up - usage, availability and more.

Here's an overview of some of the things you should bear in mind before deciding when to buy and when to rent equipment.

1. Current financial situation

This seems like the most obvious factor to consider - do you currently have the capital to buy or is renting a better option for now? But you should look beyond your current situation and project your costs over several months or years. Although buying may be a larger one-time financial outlay, the cost of renting can add up quickly, and over a long period of time can end up costing you more - especially if the equipment isn't being used for the entire rental period. And don't forget: when you own, you can see a return on your investment when you sell. (Use the handy cost calculator below to find out which option is best for your current situation.)

You can reduce the initial financial impact of buying a piece of equipment in many different ways:

Buy good quality used equipment - when you rent, you are often paying for the newest equipment with the latest technology; purchasing well-maintained used equipment can be cheaper than buying new equipment and may be more cost-effective than renting over the long term

Finance your equipment purchase - give your company some extra financial breathing room by financing your equipment purchases and keeping your capital to run your business; with financing rates as low as 5.99%, your payments could even be lower than rental payments

2. Cost of ownership vs cost of renting

It's also important to estimate the cost of equipment ownership versus the cost of renting equipment. With ownership comes maintenance and operating costs, insurance and other fees such as government licensing, and those costs obviously vary from machine to machine. Renting is generally an inclusive cost, but given that a rental company has to turn a profit, you should consider that your rental fees will include the purchase price and the cost of ownership, both marked up. You will probably have to pay to transport the equipment to and from the rental store as well, over and over.

Fuel is a cost that is common to both owning and renting and needs to be considered for both. Roughly, one-third of your total expenses will be for the cost of fuel. ¹

Talk to your financial advisor about the possible tax implications (or advantages) of buying or renting equipment for your business. Tip for U.S. equipment owners: you may be able to avoid paying capital gains tax when you sell and buy equipment for your business. Learn about 1031 Like-Kind Exchanges here.

3. Length of project or job frequency

Of all the things to consider, project length or the frequency of jobs on the calendar could be the deciding factor in whether you rent or buy equipment. If it's a short term job, or you need a specialized piece of equipment for a one-off job, then renting may make more sense. The risk, of course, is that if the machine isn't being used for the entire time it's rented due to changes in the project schedule or unforeseen hold ups, then you're spending money on a machine that's sitting and waiting, not making you money.

If you're working on a long project, or if you've got several jobs on the horizon, then buying probably makes better sense given that rental costs add up quickly the longer a job goes on. And a multi-purpose piece of equipment (loaders, excavators, skid steers, forklifts, trucks etc.) that can be used for various projects is a great asset on any jobsite.

4. Equipment availability & usage

The big advantage of owing your own equipment is that it's available to you 24/7 - "if you own it, you control it", as the saying goes. You can react to unexpected changes in projects or project schedules, take on jobs at a moment's notice and complete projects with less downtime.

Before you decide whether to rent or buy, you should weigh the potential risk of a rental company not having the machine you need when you need it. Owning can be a plus to potential clients too, who see it and know you're not only equipped to take on their job, but are a going concern and a stable, trustworthy business.

5. Fleet management and inventory control

Managing your equipment is also something to consider. If you have the skills and the time, you can save money over the long haul by buying some or all of your equipment and taking care of insurance, maintenance, etc yourself; if you don't, you may want to pay a little extra to rent. You'll know where it is, who's running it, and you can schedule jobs and equipment accordingly.

For shorter term jobs, you may want to consider renting, but buying gives you added flexibility. Let's say you project that you'll need a piece of equipment for three months. If the job extends for another two months, you have the machine at your disposal. If the job ends and you decide you don't need it, we can help, you sell it again at another upcoming auction and recoup some of your investment. The frequency of our unreserved auctions in different locations gives you a great ability to control your inventory, and even profit from equipment you don't need anymore.

Pros and cons: buying versus renting equipment and trucks

✔ Lower initial investment

✔ Access to a broader range of equipment at all times

✔ Latest equipment usually offered

✔ Maintenance, insurance etc. handled by another party

✔ Cheaper over the long term

✔ Get a return on your investment when you no longer need the equipment

✔ More flexible-equipment available whenever you need it

✔ Less downtime

✔ Possible tax advantages

Cost calculator: buying versus renting equipment or trucks

First, determine what you need to buy or rent, then create your free account and check auction results to get a sense of the price of used equipment. Check with your local rental store to determine rental and delivery costs.

Next, figure out your expected period of use (in years, months or days) and the amount of use the equipment will get (expected hours of use).

Rental rate (per year/month/day) x rental period (number of years/months/days) + pickup/delivery charge = total rental cost

Purchase cost + delivery, maintenance, insurance (ownership costs) - resale value = total ownership cost

Total rental cost / rental period = rental cost per year/month/day

Total ownership cost / ownership period = ownership cost per year/month/day

Total rental cost / expected hours of use = rental cost per hour of use

Total ownership cost / expected hours of use = ownership cost per hour of use

Not sure what costs to expect? An excellent tool you can use is the United States Army Corps of Engineer's Construction Equipment Ownership and Operating Expense Schedule (ACOE) Equipment Schedule. It's broken down into schedules for different regions of the U.S., but is a great resource for heavy equipment owners and operators everywhere who want to estimate costs.

About Ritchie Bros.

Ritchie Bros. is the world's largest seller of used equipment. We conduct hundreds of unreserved public auctions around the world each year, selling a massive selection of new and used equipment with no minimum bids or reserve prices. Learn the benefits of buying at a Ritchie Bros. unreserved auction or search our current inventory for equipment and trucks to buy.

Ritchie Bros. also offers a secure online marketplace at EquipmentOne.com where buyers can find and buy equipment for sale by private sellers. Buyers can make offers and even 'buy it now,' knowing they are covered by EquipmentOne's Totally Buyer Protection, including a secure escrow process.

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When to buy or rent heavy equipment - five factors to consider.

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You've decided it's time you need some heavy equipment or trucks. Maybe you've got some big contracts coming down the pipe, you're growing or expanding your company's capabilities, or you just need to replace your current heavy equipment. So how do you decide when to buy equipment and trucks and when to rent what you need?

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Ci-après le rapport annuel de 2018 de Mnagem, ce document public affiche des chiffres officels importants de l'entreprise et traite également le coût de revient. 

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Ci-après le rapport annuel de 2018 de Mnagem, ce document public affiche des chiffres officels importants de l'entreprise et traite également le coût de revient. 

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Comment faire une étude téchnico-commerciale? La réponse se trouve dans ce guide méthodique 

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Comment faire une étude téchnico-commerciale? La réponse se trouve dans ce guide méthodique 

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Voici la loi marocaine qui est mise en vigueur

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la valeur annuelle des exportations minières ayant atteint plus de 50 milliards de DHs pour un chiffre d’affaires de l’ordre de 70 milliards de DHs;
La contribution dans le PIB par presque 6% (y compris les activités de transformation des produits miniers);
La contribution au trafic portuaire par 47% environ et les effets d’entraînement sur le transport routier et ferroviaire des produits miniers marchands ;
Le développement rural et la lutte contre la pauvreté, grâce à la contribution des opérateurs miniers dans la réalisation d’infrastructures de base et socio-éducatives implantées sur les sites de production minière qui se trouvent souvent excentrés par rapport aux centres urbains.
les investissements alloués à l’exploration et à la recherche minières par les opérateurs miniers demeurent au même niveau depuis plusieurs années, ce qui conduit à de moins en moins d’ouvertures de mines, contre plus de fermetures d’exploitations minières pour épuisement de réserves minières. • Cette carence dans les découvertes s’explique par la quasi-absence de gisements affleurants et sub-affleurants; d’où la nécessité de mise en œuvre de travaux d’exploration et de recherches de grande envergure pour la mise en évidence de gisements cachés. •comme facteurs exogènes, l’instabilité des cours, la compétitivité de plus en plus ardue qui s’exerce sur les produits de mines à exporter et la réduction de la demande pour certains métaux, sous prétexte de problèmes environnementaux ou par suite de l’émergence de produits de substitution au niveau des usages.

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Méthodes pour l'évaluation de la performance des équipements miniers de production

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Méthodes pour l'évaluation de la performance des équipements miniers de production

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Méthodes pour l'évaluation de la performancedes équipements miniers de production

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Évaluation économique des séquences d'exploitation 

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Évaluation économique des séquences d'exploitation 

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Calcul du rendement d'un engin de production

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Calcul du rendement d'un engin de production

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Calcul du rendement d'un engin de production [Matériel]

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éléments de maintenance: Cela peut nous servir dans la mesure où on saura les éléments qu'il faut vérifier pour décider de l'état de l'engin

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éléments de maintenance: Cela peut nous servir dans la mesure où on saura les éléments qu'il faut vérifier pour décider de l'état de l'engin

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Background info

Road Safety requires not only driver fitness but vehicle fitness. A well maintained vehicle not only speaks volumes about the owner, but will protect the owner on the road. Many accidents caused by vehicle failure can be prevented and many stranded motorists face the preventable risk of criminals next to the road. It is important that we address the importance of vehicle maintenance for road safety and create awareness of preventative steps in properly maintaining our vehicles.
Importance of effective maintenance
Effective and proper maintenance will provide many benefits to the vehicle owner, including:

Saving fuel and money - mechanical systems of the vehicle will affect fuel efficiency

Reducing long-term maintenance costs

Minimize harmful exhaust emissions and protect the environment

Increase reliability of your vehicle and limit the risk of vehicle breakdown

Increase the resale value of your vehicle

Basic Maintenance of your Vehicle
It is best to leave the servicing of your vehicle in the hands of trained automotive professionals / mechanics. They have the knowledge and tools to diagnose and correct problems and to put you on the road to safe, fuel-efficient driving. Preventive maintenance by the driver might however also help avoid vehicle break- down. This should be thorough, regular and frequent enough to meet the manufacturer's guidelines and common sense.

Aspects that require maintenance are:

Air filter: Check monthly and replace it when it becomes dirty or as part of a tune -up. It is easy to reach, right under the big metal 'lid', in a carbureted engine; or in a rectangular box at the forward end of the air in a duct hose assembly.

Alternator

Battery: Remove the earth strap (usually the negative pole) on a battery to avoid activating the starter if you accidentally touch an open wire when repairing the starter or working in the battery area.

Brakes / Brake Fluid: Check the brake fluid monthly. First wipe dirt from the brake master cylinder reservoir lid. Pry off the retainer clip and remove the lid or unscrew the plastic lid, depending on which type your vehicle has. If you need fluid, add the improved type and check for possible leaks throughout the system. Do not overfill.

Carburetor

Distributor

Engine Oil: Neglecting to replace worn-out oil results in poor engine performance, higher fuel consumption and possibly severe engine damage. To prevent engine deterioration, it is imperative that the engine maintains the amount of oil it is programmed to receive. Check the oil after every fill up. Remove the dipstick, wipe it clean. Insert it fully and remove it again. If it is low, add oil. To maintain peak performance, the oil should be changed every 3 months. When doing general maintenance or repairs never over fill the sump with oil as this will prematurely damage the oil seals and result in engine oil leaks. When fitting a new oil filter, a light smear of engine oil on the oil filter rubber seal will ensure the vital sealing surface requirement when hand tightening the oil filters housing to engine mating block.

Exhaust & Silencer Exhaust: Have the exhaust system checked if it sounds noisy or rattles. Look underneath for loose or broken exhaust clamps and supports. Check for holes in muffler or pipes. Replace the rusted or damaged parts.

Fan & Belt: Inspect belts and hoses smoothly. Replace glazed, worn or frayed belts. Replace bulging, rotten or brittle hoses and tighten clamps. If a hose looks bad, or feels too soft or too hard, it should be replaced. When replacing a missing or perished fan belt ensure that the tension setting at the longest run between the engines pulleys is about 10 to 12mm (Free tension play)

Front Wheel CV Joints/ Wheel bearing kits: When undertaking repairs to wheel bearing kits use only one sachet of grease for both wheel applications keep the other grease pack for future use on your vehicle - one pack is more than sufficient to pack both wheels

Fuel Line & Fuel Pump

Gearbox Oil

High -Tension (HT) leads

Ignition Coil

Lights: Check that all lights are working and replace any broken or burned out bulbs. It is important for the lights to be properly focused, for your own and for the oncoming vehicle's safety. Travel on low beam so that it does not obstruct your view instead of helping you along.

Radiator

Water: If your engine uses water for cooling, take care to ensure that it is regularly changed. Water can also be used for cleaning the windshield.

Rear Wheel Drive Shaft

Shock Absorbers: Shock absorbers should always be replaced in pairs (or all four) ensuring that both the front and/or rear shocks are in the same condition and operate on equal settings on the same axle.

Spark Plugs: In an attempt to rectify erratic idling after replacing your vehicles spark plugs, ensure that the plug leads are secure on both ends of the plug lead and that the leads are not perished.

Tyres- Mechanical irregularities will show up early on tyre wear patterns. It is important to have professionals check your wheel alignment and balance. (The following mechanical components can lead to irregular tyre wear - Grabbing or unequal brakes, Spread axles, bent axles, sagging axles, Twisted or cracked chassis, Worn or loose wheel bearings, damaged or worn suspension, damaged or worn wheel assembly, worn bushes or ball joints, damaged of worn steering components, etc.)

Tyre Pressure: The required amount of air pressure needs to be strictly maintained if your car is to get the right mileage and pick-up.

Clutch Kits: Worn individual clutch plates pressure plates and/or release bearings should not be seen as quick fix loose unit repairs. Replacing all the corresponding components, pressure plate, clutch plate and thrust bearing in kit form is highly recommended; these components operate in conjunction with each other and have equal mileage and wear evident, replacing one only loose clutch component is a risk that could prove expensive and time consuming.

Wiper Blades: It is recommended you change your wiper blades every six months, even if they haven't been used very often. The rubber deteriorates over time when exposed to the atmosphere.

Seat Belts: Keep seat belts clean to prevent dirt and moisture from damaging the mechanism.

Keep your vehicle clean, inside and out.

There are many ways to perform maintenance of the vehicle - You can start from simple things and allow professionals to do the more technical maintenance.
Identifying aspects in need of maintenance
The best and most efficient method of knowing about your car and keeping track of it is through the owner's manual which provides complete information on how to go about it. You can inspect your car every time you enter it, or on a daily or weekly basis or at intervals specified in the manual. Read the owner's manual carefully to become familiar with your vehicle's maintenance schedule and requirements. Maintenance regimes vary widely from one vehicle to another - the manufacturer of your vehicle knows best.

You can also use the senses to identify aspects in need of maintenance:

Smell: Strange smells may emanate from inside your car. This could be an early warning signal that requires attention if much more time and money are to be saved later on.

Possible causes might include:

The existence of some trapped water, usually under the carpet. This will ruin the carpet and also speed up corrosion.

Variety of smoky smells. Electrical smoky smells are the most dangerous and it is advisable to shut down, open the bonnet, disconnect the batteries and seek professional help. Other smoky smells may occur when the sound or heat proof lining inside the engine space burns. Trace the cause.

Fuel smells might occur when the fuel tank venting gets choked or if there has been an overflow.

Oil or exhaust smells from the engine. This maybe caused either due to too much engine oil, or if the engine oil has grown old and is burning, or if it has been overheated.

A typical sweetish smell emanates when varnish is being burnt which occurs when your dynamo or alternator is about to pack up and would, usually be accompanied by flickering lights.

Burning rubber smells tend to come when you drive with your brakes on or when tyres are overheated.

Sound:

Strange sounds tend to be sidelined by external noise on the road, the noise of radio, passengers etc. However, if the problem persists, the car will make its condition known every time you take a corner or ride over a bump.

Easily recognizable sounds are

Strange clicking while taking a turn from the front wheels means that the front shaft is about to fall apart. Get it fixed before it actually does.

A fan-belt squeal means that another one is needed.

Rhythmic clicks from the wheel indicate faulty bearings at worst or just large pebbles stuck in the tread pattern at the best.

A change in engine tone usually indicates engine overheating, especially if you have been driving at constant speeds for a long time. Stopping or varying the engine speed should be enough if there is no severe problem. Otherwise, let the car cool down and then check radiator and water levels.

Backfiring while normal driving means serious problems and should be properly investigated.

Engine knocks means that it is time to get into a lower gear. If it persists, however, it is time to get your engine and engine oil checked.

Additional "Maintenance Friendly" Suggestions

Always use genuine spare parts.

Give your vehicle anti-rust coating

Avoid accelerating and braking abruptly.

Shut up the engine whenever you expect to wait.

Drive at a moderate speed to maximize fuel efficiency.

Use air-conditioning only when necessary.

Avoid riding on the clutch pedal, and release the clutch pedal fully while driving.

Maintain optimum air pressure in your tyre to improve mileage.

Try to avoid hitting your tyres against kerbs, especially when parking. It can cause the tyre to weaken without showing any damage on the outside.

Check your spare tyre from time to time -you never know when you might need it.

[ A word of appreciation to AutoZone for information provided and included in the above content]

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Background info Road Safety requires not only driver fitness but vehicle fitness. A well maintained vehicle not only speaks volumes about the owner, but will protect the owner on the road. Many accidents caused by vehicle failure can be prevented and many stranded motorists face the preventable risk of criminals next to the road.

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Modèle qu'on peut filtrer et travailler dessus

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Modèle qu'on peut filtrer et travailler dessus

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Comme son nom l'indique, cette rubrique concernera les fiches techniques des Engins Poclain.

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