Never Idle empowers contractors to generate revenue from idle assets
, the contractor-to-contractor marketplace, launched a completely new website empowering contractors to generate incremental revenue from idle assets. Never Idle's mission is to help contractors rent, buy or sell among peers. The new equipment marketplace offers a range of services including an innovative new rental purchase option.
Never Idle offers the industry its first fully managed, contractor-to-contractor rental and sales marketplace. It's not an equipment "Airbnb," where contractors must put aside their own time and effort to make arrangements with each other. Never Idle handles all the details and communication between parties.
The online marketplace showcases equipment for sale, rent and rental-purchase. Visitors to the site can search for equipment by proximity, brand and category. Once individual equipment has been found, visitors can preview equipment with photos and initiate contact with Never Idle to start the purchase or rental process. While browsing, visitors will find construction equipment for categories such as dozers, excavators, rollers and generators from brands like Cat, Deere, Volvo, Komatsu, Bobcat and JCB.
Traditionally, dealers sell construction equipment through a rental purchase option. Contractors utilize this option because it allows them to accumulate a down payment by applying some of their rental expense toward the purchase of the unit. Also, a rental purchase option allows contractors to test drive machines on an actual job to ensure the equipment performs as expected and that they like its features. Lastly, if a contractor doesn't have the expected work for the equipment, the contractor can simply return the equipment without exercising the purchase option. Overall, the risk for the contractor is reduced using a rental option.
From the standpoint of the equipment owner, the rental purchase option typically generates a broader set of customers interested in buying and still earns a sale price higher than can be found at auctions. While on rent, the equipment is covered by Never Idle's SafeGuard Assurance Plan, ensuring the owner is protected, and Never Idle handles maintenance, shipping, billing and more.
In addition to the new website, Never Idle is working on expanding its territory into markets outside of the Midwest.
As one of the latest models in the R2-Series excavator lineup, the Bobcat® E88 delivers durability, performance and quality for more productivity. Technically speaking, it's a compact machine, but it brings big performance with its redesigned engine and optimized lift performance, plus undercarriage and counterweight improvements. All these enhancements make this excavator one of the highest-performing models in its size class. With impressive over-the-side lift capacity, you can dig with greater confidence over the side of the machine. Put it to the test against similar models from other manufacturers. You'll see that the E88 can outwork the competition.