Buying construction equipment can make sense in certain situations, especially for large operations with consistent, year-round workloads. Ownership may be a good option if:
You use the same machine daily or near-daily
You have in-house mechanics or maintenance staff
Storage and transport are not an issue
Long-term ownership costs are predictable and budgeted
Some companies that specialize in a single service — such as excavation or site prep — may justify owning a core machine like an excavator or skid steer.
However, for many small to mid-sized contractors across New Hampshire, ownership comes with hidden costs. Repairs, downtime, insurance, and depreciation can quickly outweigh the perceived savings of buying, especially when equipment is only used part of the year.
Renting construction equipment allows you to stay flexible — which is critical in a state like New Hampshire where work slows during winter and demand spikes in spring and summer.
When you rent equipment, you can:
Avoid large upfront capital expenses
Preserve cash flow for labor, materials, and fuel
Select the right machine for each job
Eliminate maintenance and repair responsibilities
Scale your equipment needs up or down as projects change
For many contractors in the Hooksett area, renting equipment like skid steers, excavators, and lifts allows them to stay competitive without carrying unnecessary overhead during slower months.
When buying construction equipment, the purchase price is only one part of the equation. True ownership costs often include:
Equipment financing and interest
Insurance premiums
Routine service and inspections
Unexpected repairs
Secure storage
Transportation between job sites
Lost revenue during downtime
These costs continue whether the machine is actively working or parked.
Renting equipment allows you to pay only for the time you need it — daily, weekly, or monthly — with no long-term obligation. Maintenance and service are handled by the rental provider, keeping your projects moving without surprise expenses.
For many New Hampshire contractors, renting results in lower overall job costs, especially on short-term or specialized projects.
Many contractors choose to rent equipment that is costly to maintain or only needed occasionally. Common rental categories include:
Excavators for digging, trenching, and utilities
Skid steers and compact track loaders for grading and material handling
Aerial lifts for roofing, siding, and tree work
Trailers and specialty attachments for hauling and support tasks
Renting ensures access to modern, well-maintained equipment without the long-term risks of ownership, making it easier to take on larger or more complex jobs as opportunities arise.
Contractors and homeowners choose NorthPoint Equipment Rentals because we understand the demands of New Hampshire job sites and changing seasonal conditions.
When you rent from NorthPoint, you get:
Five New Hampshire locations, including Hooksett
A clean, modern rental fleet
Flexible daily, weekly, and monthly terms
Jobsite delivery and pickup
Experienced local staff who help you choose the right equipment
Whether you’re managing multiple jobs or tackling a one-time project, our team helps you rent with confidence.
Is renting construction equipment tax deductible?
In many cases, rental costs are considered operating expenses. Always consult your accountant or tax professional.
Can I rent equipment long-term?
Yes. NorthPoint offers extended weekly and monthly rentals for longer projects.
What if rental equipment breaks down?
Maintenance and service are handled by NorthPoint to minimize downtime.
Is renting better for small contractors?
For many small and growing contractors, renting provides better flexibility, lower risk, and stronger cash flow.
If you’re weighing rent vs buy construction equipment in New Hampshire, renting often delivers better financial control and flexibility — especially in a seasonal market like NH.
Instead of tying up capital in equipment ownership, renting allows you to focus on completing jobs efficiently and profitably. Contact NorthPoint Equipment Rentals in Hooksett, NH to discuss your options or reserve equipment for your next project.