04 May The Benefits Of Renting vs. Buying A Storage Container

Regardless of how successful your company is, you want cost-effective solutions when it comes to acquiring new equipment. And when you’re looking for a storage container, there are usually two options: rent or buy. While there may be no definitive answer, Anjer Inc. has all the information you need to make an informed decision on whether to rent or buy storage containers for sale or lease in Philadelphia County and the tri-state area.

Advantages of Renting

There are several advantages when it comes to leasing a storage container. First, it doesn’t require a large upfront payment, which allows you to start with a more affordable fee. Also, a reasonably-priced monthly payment can be handled by most companies as part of their operating budget.

Disadvantages of Renting

Unfortunately, if you keep the storage container for too long, the benefits of renting the unit will end up costing you. An extended rental period means more monthly payments, which could wind up costing you much more than buying a unit.

Advantages of Purchasing

One of the most significant benefits of buying a storage container is a financial one. If you can afford a large upfront payment, then the purchase will be cheaper for you in the long run. This is especially valid if you foresee the unit being used extensively in the future.  

Also, owning the storage container outright means that you can sell it if necessary. Project requirements can change, and having a way to recover some of your investment can help you make a smooth transition to your next project.

Disadvantages of Purchasing

Purchasing a unit requires a significant amount of cash or credit, which isn’t always a viable possibility. Also, if your business changes and you no longer need the unit, you may be stuck with it for an unknown period of time, especially if you can’t find an immediate buyer.

Whatever your needs, Anjer Inc. has the renting or purchasing options solutions for your storage container needs. We also provide truck body repairs in Philadelphia County and the tri-state area. To reserve your unit for lease or purchase, contact us at 800-598-3981 or visit https://anjerinc.com/.