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2024-06-12

Rhino Day - Rhino Machinery

Rhino Machinery has been in the heavy equipment industry for more than 30 years providing reliability, quality and great customer service.

Rhino Administration

RhinoDay, September 22nd, Rhino Machinery, 30 years providing reliability
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2024-06-12

Why #DIRTDONTCARE

At Rhino Machinery, we sell used construction equipment. For 38 years I have seen the value of used construction equipment and how it helps contractors enter markets with an operating cost advantage against contractors with higher overheads due to maintaining fleets of heavily financed new equipment.

Rhino Administration

Dirt Dont Care, Initial cost and depreciation, Operating costs, Financing and insurance
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2024-06-12

Intro to the total cost of ownership of used construction equipment

In the world of construction, where time is money, and efficiency is paramount, making informed decisions about equipment can be the difference between profit and loss.

Rhino Administration

The Advantages of Used Equipment, What the Series Will Cover, Stay Informed and Engage, Key Takeaways
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2024-06-12

Initial cost in the total cost of ownership of construction equipment: new vs used

Total Cost of Ownership (TCO) is a financial estimate that helps companies in the construction industry make informed decisions when purchasing equipment.

Rhino Administration

Purchase Price , Economic Life and Average Lifespan, Average Lifespan: Wear and Tear vs Economic Viability, Delivery and Setup, Training and Onboarding, The Myth of Price Indicating Quality, Low-Hour, Slightly Older Machines, TCO Implications, Economic Life and TCO, Residual or Salvage Value

2024-06-12

Understanding the impact of fixed cost on construction equipment ownership

The financial complexity of construction equipment ownership goes far beyond just the purchase price, with fixed costs like depreciation, insurance, taxes, and interest intricately tied to the assets lifespan.

Rhino Administration

Depreciation: The Silent Cost Variable, Depreciation Calculation Methods, Optimal Equipment Life Expectancy, The Cost of Financing, Taxes: Navigating Equip Cost Deductions, Insurance: Protecting Against Risk, Integrating Factors into Ownership Decisions
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2024-06-12

Unpacking the operating costs - A key factor in the TCO of construction equipment

In the construction sector, the economic life and average lifespan of equipment are critical factors that influence financial decisions.

Rhino Administration

Economic Life and Average Lifespan of Construction Equipment, Maintenance and Repair Costs, Fuel Efficiency, How Operation Costs Impact TCO, Strategic Recommendations
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2024-06-12

Strategically managing labor costs within total cost of ownership (TCO) analysis

When considering the Total Cost of Ownership (TCO) in the realm of construction equipment, labor costs emerge as a pivotal factor, significantly influencing the overall financial outlay.

Rhino Administration

Initial Training and Familiarization, Maintenance and Repairs, Downtime Management, Resale Value and Equipment Lifecycle, Operational Efficiency , Adaptability and Flexibility
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2024-06-12

Maximizing potential with smart financing a guide by Rhino Machinery

At Rhino Machinery, we understand how essential it is to have a good piece of equipment for your construction projects.

Rhino Administration

The Strategic Advantage of Financing Used Equipment , Navigating the Financing Process with Rhino Machinery
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2024-06-12

Ringing in the new year with Rhino Machinery: A year of triumphs and a look ahead

As the year draws to a close, Rhino Machinery wants to take a moment to reflect on the incredible journey weve shared with you, our valued customers.

Rhino Administration

Whats New, Rhino Merch
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2024-06-12

Understanding insurance coverage for used heavy equipment

When planning to buy insurance for newly acquired used heavy construction equipment, there are several key factors to consider ensuring that you get the right coverage for your needs.

Rhino Administration

Assess the Specific Needs of Your Equipment, Understand the Types of Coverage Available , Evaluate Insurance Providers , Consider the Costs and Deductibles , Review Policy Exclusions and Limitations , Legal and Compliance Aspects
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2024-06-12

Understanding and applying machine rates: a Rhino perspective

In the dynamic landscape of selling used heavy equipment, a deep understanding of machine rate calculations is essential.

Rhino Administration

Fixed Costs: The Foundation , Operating Costs: The Variable Game-Changer , Labor Costs: The Human Element , Overhead Costs: Often Overlooked
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2024-06-12

What is resale value?

Factors Affecting Resale Value

Rhino Administration

CompactionInnovation, Compactor, oscillating, heavy Equipment, Construction
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2024-06-12

Deciding between rental and ownership for construction equipment: A key business choice

In the construction industry, one of the most critical decisions businesses face is choosing between renting and owning their heavy equipment.

Rhino Administration

Owning Construction Equipment, Renting Construction Equipment
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2024-06-12

Life-cycle cost analysis

As we wrap up our series on Total Cost of Ownership (TCO), we introduce the capstone concept: Life-Cycle Cost Analysis (LCCA).

Rhino Administration

Life Cycle Cost Analysis

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