Also referred to as basket cranes or cherry pickers, boom lifts are important machines for any job that requires you to be elevated above the ground.
Boom lifts are most ideal for construction projects that require aerial lifting, such as metal building erection.
If you find the purchase cost of a boom lift to be too high or just want to use it for a limited period, you should consider renting one.
This brings us to a commonly asked question, how much does it cost to rent a boom lift? Well, on average, you should expect to spend between $1,300 and $4,300 a month to rent one.
However, the actual rental cost of renting a boom lift will depend on the type of lift, length of the rental, lift height and weight to some extent. Throughout this guide, you will learn the various factors affecting boom lift rental costs.
Industry Standard Boom Lift Rental Cost
Just as is the case with their buying prices, the rental cost of boom lifts varies from one unit to another. Holding other factors constant, rentals range between $250 and $400 for daily boom rentals and between $1,000 and $1,500 for weekly rentals.
Again, you also need to note that the lift height range of the machine as well as the size of the lift will also impact its rental cost. In this case, the larger machines attract higher rental rates while the smaller ones are cheaper.
Type and Lift Height of the Lift
The average 30-foot articulating boom lift rental cost is often set between $250 and $1,000 a day, which will translate to about $2,000 for a period of four weeks. For a telescopic diesel lift with a lift height of 65 feet, you will spend about $350 a day and about $1,500 per week.
Renting the same machine for a month will cost you about $3,000. If you need a machine with a medium-lift range, you should consider getting a 45-inch, 4-wheel drive telescopic boom lift. Such a machine will be charged at about $300 a day, $1,100 per week and $2,500 a month.
The table below summarizes the industry-standard rental rates for the various types of lifts with different lift heights.
Boom Lift Rental Costs
Other Boom Lift Cost Factors
Mentioned above are the main factors affecting the cost of straight boom lift, and towable boom lift rentals. However, there are several other aspects that will impact on the overall cost of renting g these machines, including:
Transportation Fees
Just as is the case with other construction equipment, boom lifts need to be transported to the site. With most of the leading rental companies, this comes at an additional cost. While this is the case, a few of the companies include the delivery and pickup fees in the overall rental cost.
With such boom lift rental companies, the distance to be covered while transporting the lift is often capped. As such, you will b charged more if the distance is more than the maximum allowable distance by the provider. In either case, you will charger on a per-mile basis.
Depending on the distance, you should expect to spend an additional $100 to have the equipment delivered to your site. Alternatively, you may pick up the equipment yourself thereby avoiding delivery fees.
Insurance Costs
With some of the renowned rental companies, the 60 ft. boom lift rental cost will include insurance costs. However, some will not include insurance costs on the boom lift rental quotes. In such a case, you will be required to ensure the equipment on your own, which will cost you more money.
This may be done through your own contractor equipment policy if you have one. If you are insuring a boom lift through your own insurance program, you need to ensure that the policy includes replacement cost valuation for leased, rented or borrowed equipment.
You also need to ensure that the per-item limit is high enough to cover the value of the equipment and that the plan covers the equipment while in transit.
If you do not have contractors’ equipment insurance, the rental company will require that you purchase their damage waiver. On average, this will cost you 12 to 15 percent of the total rental contract amount.
Ready to Rent a Boom Lift?
As you may have noticed, the rental price of a boom lift will also vary from one state to another. All in all, 60 ft. boom lift rental cost will depend on the rental period, region and the rental company you choose.
The rental cost of a boom lift will also be affected by the amount you pay for insurance cover and transportation fees. With this guide, you should be able to budget more accurately for your next boom lift rental.
