Backhoes are one of the most easy-to-use tools for urban development projects as well as tools for effective management of big and small patches of land that can be modeled and developed according to individual needs. It is a heavy equipment specifically used for excavating. It consists of a loader, a boom, a pivot and a dipper, which are different parts that make the whole.

A smaller backhoe is the most versatile gardening tool. It can help dig earth to make a place for planting shrubs and trees, dig holes for lamp posts and other ancillary objects or even dig a swimming pool or a lake in your patch of land as per your requirements! Backhoes are however different than excavators, the indicators being their size and design which aid different levels of projects even if both of them help dig dirt. People who do not wish to invest in a backhoe can also look at mini excavators as a secondary option. There is, however, a couple of factors that need to be considered before you think of buying or renting backhoes:

Finance
Money is obviously the first consideration in any decision we make. Although buying will make a huge dent initially, renting for a longer period may add up to be even costlier. It is important to figure out whether you can make this investment or personal finance/ renting is a better deal for you.

Cost of ownership
It is important to note that ownership doesn’t involve just buying the equipment. It will also include the cost of licensing, maintenance and operating costs and insurance and other fees. You will also have to pay for transporting the equipment from the store. Another major cost is fuel. Usually, one-third of machines operating cost is marked to fuel. Equipment owners in the USA can avoid paying capital gains tax when you buy or sell equipment for business through 1031 Like Kind Exchanges.

Equipment availability and usage
A big advantage of owning equipment is that it is available for use all the time. You can work according to your needs and deadlines and get things done your way. Renting is an advantage for those who are looking to expand their front or back yards or get some repairing and maintenance work done since it is not time bound and doesn’t require specialized equipment.

Choose the right size
Whether the machine is going to be used in an open or narrow space, whether the patch of land has an established or rocky turf, they play a crucial role in choosing machinery.