Should I Rent or Buy a Storage ContainerApril 7, 2022 12:00 am Leave your thoughts
If you need a storage container, you have two options: buying or renting. To come up with a decision, there are several things you have to consider. For instance, buying does not make much sense if you just need a storage container once. And if you are constantly looking for a storage container for your things, then buying may be a more practical option. How do I decided on buying or renting a mobile shipping container? Here are some factors to consider that can help you make a decision.
How Long Do You Plan To Use the Structure?
It is better to rent than buy if you want a storage container for only a few weeks, months, or only a year. But if you want a structure for more than a year, consider buying yours. It does not make financial sense to buy a temporary container that you will only use. It means once you are done with it, you have to start looking for a way to get rid of it. Plus, the cost of buying a storage container only to use it for a short period is higher than the cost of renting one. Rentals are ideal for companies doing seasonal projects where they will only need a container to address short-term storage needs.
The Conditions of a Container
If you buy a storage container, the responsibility of maintenance falls on you. Things like doors or locking devices malfunctions, exterior paint damage, and rust happen, particularly when a container is outside for a long time. On the other hand, renting means getting a quality container that will not require much maintenance, and you can return it once you are done with it. A consumer-facing storage container needs to be in great shape at all times to leave a good impression. But if it is something that only you are your employees see, you will not have much pressure to keep it polished.
When it comes to budget, is renting or buying a shipping container better? Renting is cheaper. For instance, say you are a new business with a lot of financial responsibilities. Even if you need a storage container long-term but do not have the money to buy one, renting can serve your needs till you have enough money. On the other hand, even if you are a big company with enough resources, buying a storage container when you only need it for two or six months is not a good plan.
If your storage needs are constantly changing, it is better to rent than buy. For instance, subcontractors and plumbers may need different storage container sizes depending on their working project. At times, they might not even need that storage space. On the other hand, buying makes more sense if you are a general contractor who always needs large storage space for all your projects.
With these considerations in mind, making a decision becomes easier. At A Mobile Box, we specialize in both storage container sales and rentals. Whichever need you have at the moment, whether it is for commercial or residential needs, we will help meet them. Get in touch with us today for assistance.
Categorised in: Rent to Own Storage
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