RPO Program

Rental Purchase Option (RPO) Program

Renting with the option of applying a percentage of the rent toward purchasing at a specific point in time.


RPO Configurations


RPO Duration Rent that may be applied toward purchase
1 Month 100%
2 to 3 Months 90%
4 to 6 months 80%

VTE is responsible for required repairs during RPO duration except those caused by operator error/abuse.


* RPO Program is offered on eligible water trucks and equipment only.
** RPO Duration varies depending on the unit.



Example RPO

8,000lb capacity reach forklift purchase price: $ 50,000
Monthly rental rate $ 2,400
RPO duration (months) 6
Total RPO rent $ 14,400
Percentage of rent towards purchase 80%
Amount eligible toward purchase $11,520
Purchase price $50,000
Less applied rent -$11,520
Ballance owed to purchase at month 6 $38,480


Example RPO Calculator


Purchase Price:

Monthly rental rate $:

RPO Duration (months) $:


Purchase Price:

Percentage toward purchase: %

Total RPO rent:

Amount eligible toward purchase:

Balance owed to purchase after rental period:


*Rental rates and purchase price listed does not include sales tax.
**All rental and sales invoices must be paid in full at time of purchase.


Why choose our RPO program?

We acquire 50-70 pieces of equipment and trucks each year – the vast majority from known sources.
These known sources have proven to provide quality equipment over many years.
Our shop inspects, tests and services every piece making any needed repairs.

Our pricing is competitive and our focus is providing the best value to our customers.
A piece may appear cheaper at auction but those sales are final.
Auction companies will not pay for repairs while you use the equipment or truck for up to 6-month.

We test equipment and trucks and the best test is to send them out into the real world to work.
Renting allows us to identify intermittent problems and 95% of what we sell has been on rent.
We make repairs before a final sale is made to a customer.Is a new quote needed based on the additional changes


Flexibility

The construction season is often unpredictable in many ways. Rent the equipment or truck you need and decide if you want to buy it when you have more information. With the RPO program there is no obligation to buy or continue the rental.