A Rental-Purchase Option (RPO) with the ALL Family of Companies is a rental agreement with the option to recover a portion of your rental dollars to use toward the purchase of your equipment when the rental term is completed. You may be able to recoup a good portion of your lease investment when you exercise your option to buy.
An RPO must be signed at the time of the original equipment rental. It does not obligate you to buy the equipment; it simply gives you the advantage of having that option at any time during the rental agreement. However, you must enter into the RPO along with your initial rental agreement. You cannot choose to sign an RPO once your rental term commences.
If you decide not to purchase the equipment, you may still continue to rent it or another comparable machine.
The biggest benefit: The dollars you’ve put into your rental can be credited toward your purchase. You will have already paid a large portion of the purchase price, possibly lowering your subsequent payments. The RPO specialist will assist you with the terms of your specific Rental-Purchase Option.
When you want to buy used equipment, remember that not every seller knows the history of the machine or has maintained it. So when you make the decision to purchase, it’s important to buy equipment from a company that stands behind it, because they’ve used and maintained it themselves. And wouldn’t you rather be able to use the crane for a while and understand the machine before you make the important decision to buy?
With an RPO from the ALL Family of Companies, you get all the benefits of renting a crane without the extra expenses of owning, storing, and maintaining it. And then, if you should exercise your option to buy, you can be assured that you are purchasing top-notch equipment that has been maintained in like new condition by our own technicians in our own shops.
The ALL fleet is one of the largest, most modern, and most technologically advanced in the equipment rental industry. You can also be sure that the equipment you rent or buy is the safest available and meets all OSHA and other applicable standards.
For more information about our Rental-Purchase Option, please contact us at 800-232-4100.