If you are thinking of buying a crane for our industrial lifting needs, you need to take into account a number of factors so that you know for sure that you are making the right decisions. One of the key factors to consider is whether the expenses involved in owning a crane is justified enough. Without establishing this factor, it would be imprudent to move forward.

When you approach the crane manufacturers with your requirements, you need to get all the required information on the costs involved in owning a crane. It is not just the initial cost of the equipment that needs to be taken into account but a series of other expenses that contribute towards the overall ownership costs.

Try to get an all-inclusive quote for your single girder EOT crane. Take time to understand all the components in your quote that contribute towards the total cost of the equipment.

Before you negotiate the prices, you should understand all the pricing components. First comes the cost of the equipment that you are purchasing. When you are reviewing the quote, you should check whether the costing given if for the capacity you requested. Unless required, unnecessarily going for higher capacity crane will only make your prices shoot up. You should always go based on your actual requirements to save yourself from budget deficits down the line.

Along with the equipment cost, you should also take into account other costing components. The next major costing component comes in the form of equipment transportation. When you are deciding on your budget for your EOT cranes or the other types of cranes, you need to make sure that you consider the shipping cost as well and while comparing the prices too you should take this factor into account.

The third costing component you should consider is the installation cost. Do not presume that installation cost is automatically included in the product cost. The cost of installation will vary based on the type of installation required for your crane. Instead of going presumption, you need to have this clarified with your manufacturer so that there are no surprise expenses down the line after the delivery of the equipment. At that stage, you will have very limited options and will have no other go but to pay an additional fee for installation, which you have not been expecting.

Installation never comes for free even if your supplier claims that it is free. The installation cost is already factored in the product cost and some suppliers show this cost as an additional element in the quote. Either way you would be paying for the installation. It is therefore important to know how much exactly it is going to cost you so that you could plan your budget better.

The final costing component is to do with product training. Your manufacturer after installing will need to train your team to operate the equipment. This of course comes at a price. Without fail, take all these factors into account while buying your crane.