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What do I need to know about the lease, purchase or rental of a storage container?

When you know that you would like a portable storage container, you can choose to rent, lease, or purchase your storage containers. 

For Sale .  If you are going to use the storage container for a number of years, and can afford the up-front expense, finding a storage container for sale is usually the best option

And, because their value depreciates slowly, you can resell them with minimal loss.

Lease.  Also know as lease-to-own, leasing is a good option when you want a long-term storage solution but don’t have the cash up front to purchase it outright.  Leasing allows you to distribute the cost of ownership over a longer period of time.  However, due to the interest, it will be more expensive in the long run than purchasing your mobile storage container.

Rental.  If you need your storage container for a matter of days or weeks, then a rental is by far the most cost effective option.  If you choose to rent your storage container for a short period of time, you may be able to deduct the rental fees from your taxes, too!  However, if you keep your storage container for longer than you expect, the rental fees can pile up, so try to assess your needs accurately. 

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