Storage Units: To Buy or to Rent?

So you have established that you really do need a portable storage container. The next step is to figure out how you can get one.

So should you rent it, or should you buy it?

Portable Storage ContainerIndeed, these units will provide customers with high-quality storage facilities. People may already be aware of all its benefits since, as mentioned, they’ve already decided to get themselves one. But as to the option of whether they are going to permanently purchase a portable storage container unit or simply rent one, there are still a lot of things that entail discussion.

It’s about time to go over a few notes that need to be considered as the hundreds of interested clients settle this mind-boggling issue.

First off, what is the main purpose that the units shall serve the client with? Why are they getting themselves one of those trusted portable storage container units? If the client is a business owner and he wants to get his hands on a unit for inventory storage purposes, then it is better to actually buy one rather than renting it out.

Why? Putting certain accounting concepts in the picture could help in settling this issue. Business entities, in the absence of the contrary, would always assume that their business shall continue to operate for an indefinite period of time. Considering this assumption, it is but logical to purchase a storage facility because they are going to be using it indefinitely anyway. Also, if they are to consider the cash outflows that their business is going to make, a lot more savings can be made by purchasing the portable storage container because take note, rental rates would eventually go up as time passes by. With more savings come more income, and who wouldn’t want that?

portable-storage-unitOn the other hand, if a client wants to get a unit because he is going to be remodeling his home, then it might be better to rent one instead of buying it. Think about this: how many times in a year would people be wanting to remodel their houses? Only a fool would say that he or she needs remodeling every month. It is evident in this case that the portable storage container is only going to be used for a temporary, not to mention, one-time use so just rent it out. Once the remodeling is done, they generally won’t be needing the extra space anymore. Buying it would just make the unit go to waste, eventually.

Construction, on the other hand, may be a bit too different from remodeling. Although only temporary, construction of a new house or a new building entails a longer period of time. This is the second thing that must be considered before deciding if it’s better to buy or rent out a unit—the period of time. The period that is being talked about here may range from a few months to even reaching a year or two. In this case, buying a portable storage container for all the construction materials would be a wise thing to do.

It is again important to consider rental costs here. Rental rates, as mentioned, go up as time passes by. With the amount of time needed to complete the construction of that certain facility, more and more expenses are going to have to be shouldered in connection with leasing the units. So if people would want to save a bit more and utilize these savings in other important things like material acquisition, then they better purchase the unit.

Interested clients just simply have to consider the purpose that they have, and also the amount of time that it will take for them to complete that said purpose.

The www.moveablecontainer.com storage containers come with high security lock boxes for additional safety of your goods,furniture, equipment and almost everything you may want to store.

Tags: Container dimensions, Container providers, Portable storage container, Portable storage units, Steel containers