Whether you need an extra backhoe for a big project or want to add one to your fleet for an entire season, backhoe leasing is a excellent way to add serious productivity without breaking the bank. While it may run you $2,000 per month or more, backhoe leasing can save you quite a bit of money when compared to spending $50,000 or more on a new backhoe. Here's what you need to know before you start talking to backhoe dealers or leasing companies.

First, there are two different routes you can take to lease a backhoe. Many construction equipment dealers offer either captive leasing programs, run by the manufacturers, or their own financing programs. Working with a local backhoe dealer is more personal and direct – dealers know that one backhoe lease can turn into an ongoing relationship as your construction equipment needs evolve over the years.

The other approach to backhoe leasing is to turn to an equipment leasing company that provides financing for a wide range of equipment. These financing companies generally don't have equipment in inventory. Instead, you'll have to find the backhoe that's right for your needs first, then turn to the lease provider for the financing.

Major leasing companies may be able to give you a better deal on a backhoe lease than an independent dealer, but that's not always the case, so it make sense to compare both types before making a leasing decision.

Backhoe leasing considerations
Even if you're only leasing a backhoe for a short period of time, it's still important to get one that meets all you requirements. As with many types of construction equipment, the work you want to do will determine the specs your backhoe loader needs.

Dump height, lift capacity, and dig depth are the three most important specs to look for. Dig depth, how deep the backhoe arm can dig, is important for trenching and foundation work. Dump height is important if you'll be loading large dump trucks. And capacity is important on both ends – the combination of the material you're working with and the size of the bucket will determine what capacity you need.

Don't forget to consider the physical size of the loader as part of your backhoe leasing decision. If you're going to be working in crowded conditions – busy construction sites or suburban backyards, for example – it can be difficult to maneuver a backhoe loader around to switch from one tool to the other. In those types of environments, a compact backhoe might be the best choice. Or, you might want to forgo backhoe leasing in favor of leasing both a mini excavator and a skid steer loader.

When you're ready to start talking to sources of backhoe leases, BuyerZone can connect you to both equipment leasing companies and backhoe loader dealers – no charge, and no obligation. Fill out our simple backhoe price request form and we'll put you in touch with local dealers – or try our equipment leasing quote request form if you'd rather go that route.