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Renting Vs Buying a Shipping Container: A Comparison Guide

If you’re in the market for a shipping container, you are probably wondering whether it’s better to buy or rent this particular item.

In order to determine which option is best for you, you need to consider a few factors, including the length of time you will be using the container for. If you need to complete a number of projects that do not have a foreseeable end, owning the container would be a better idea because you will have it forever and can use it for as many projects as you need. If you need a container for a specific amount of time and your project has an end date, you can look into a rental, as that would probably make more sense. Rentals are temporary and ideal for businesses that specialize in seasonal projects because they can use the container for as long as they need it and stop the rental once they are done. Ultimately, if you are going to be using your container actively for a very long period of time, purchasing one would make more sense but if you only need it for a specific period of time, a rental would be the better option.

Another factor you need to consider is the condition of the container and what you are after. If you buy a container, you will have to maintain it and this will forever be your responsibility, whereas a rental will provide you with a high-quality container every time. Rust and other outdoor elements can cause a container to deteriorate and the reality is that rust on the body, damage to the exterior paint and malfunctions to the doors are inevitable over time, so you need to take all of this into consideration if you are planning on purchasing a container. A rental comes with a lot less responsibility because you will be provided with a container that is in great condition. You must think of your intentions with the container as well because this, too, will play a role in your decision. If your container is going to be facing consumers, it must be in excellent condition so that you leave a good impression, but if the container is going to be used to transport products across the country, its appearance will not matter as much, so you won’t have to focus on its condition.

Renting a container is ideal for businesses who must be presentable for their customers. It is easier to find a newer container that is in excellent condition from rental companies, whereas purchasing one in such great condition may be a little harder.

Whether you want to buy or rent a shipping container, Storstac can help! We carry sea containers for sale and rent, and offer portable storage options as well. If you need site office containers, rental options or anything else related to shipping containers, we can help, so if you are in Toronto, give us a call today!