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Then as they always do, they did catching many flat footed.
Just a short while after the recession started [relatively speaking] there was a return to almost normal demand for rental units, but because this was in fact took a time period of about ten months a lot of rental equipment was sold to customers savvy enough to know the value of a well maintained piece of used equipment. The scramble was on by dealerships who'd purged their inventories.
While the time-line I describe may not be what was seen by all dealerships, feedback I’ve been privy to seems to indicate what we saw was pretty close to what many went through. Toyota-Lift of Minnesota resisted and maintained it rental fleet levels, and was able to capitalize on the upswing and the phenomena of re-renting equipment through other competing dealerships. We are currently seeing demand that might be called greater than pre-recession possibly because of that demand seen by other local dealers.
All this is a long winded approach to saying that we still have an adequate supply of rental units available. Further TLM [like so many others] has even recently added equipment to its rental fleet in order to continue to serve its customer base at levels they’ve come to expect.
Have a need for more equipment but don’t want to commit capital to a lease or purchase, give us a call. We’ll give your productivity the boost it needs, at a cost that makes it the wise choice.
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