Why You Should Buy Shipping Containers Instead of Renting?

Do you need shipping containers for your business? You have two choices: buy the containers or rent them. Renting metal shipping containers usually seems like an affordable option in the beginning. You only incur the rental cost, which is a small percentage of the total price of the container. However, in the long run, you can end up spending thousands of dollars on container rentals.

Why not buy the containers instead? Although the initial cost is high, it is worth it in the long run. Keep reading to find out why you should buy shipping containers for your business instead of renting them.

You Enjoy Long-Term Savings

When you buy shipping containers, you incur a one-time cost and forget about future payments. This is unlike the rental option where you make monthly or quarterly payments to the rental company.

Imagine you have a long-term project that will last a few years. How much money will you have paid to rent shipping containers for that period? The chances are the amount will be close to or more than the cost of new or used metal containers.

What’s more: after the rental period, you can incur extra costs if the containers are dented, damaged, or in poor physical condition.

Buying makes financial sense for your business in the long-term. This is especially true if you intend to use more than one or two containers for your projects. You can get great discounts for buying several containers and make significant savings for your company.

You Can Customize Containers to Your Needs

One disadvantage of renting shipping containers is you cannot modify them to suit your needs. The rental company expects you to return the container in the condition and form it was in when they handed it over to you. 

However, when you purchase shipping containers, the ownership is transferred to you. You can modify the containers to your specific needs.

Whether you need to build container homes, mobile office spaces,  shelters, or storage solutions, you can customize the containers to your desired style and specifications.

You can add heating and air conditioning systems, advanced locking and security systems, insulation, doors, and windows. Any design you have in mind is doable as long as you own the shipping containers.

You’ll Save Money on Logistics

Does your business often ship supplies across towns, cities, or in other countries? If so, buying containers can save you a lot of money on shipping.

You only incur logistical costs such as fleet maintenance, fuel, and administration costs, and this can translate into long-term savings.

As you look for containers for shipping cargo, opt for the used ones. There’s no shortage of used containers in the U.S. In fact, around 25 million containers arrive into the country every year. 

Used containers are affordable, and with a little maintenance, they will serve you for many years. Consider your shipping needs and buy containers in the appropriate sizes.

Again, you can modify them to include temperature and humidity control features. This is incredibly essential if you are transporting temperature-sensitive shipment such as pharmaceutical products.

You Enjoy Convenience in Business

Imagine having containers at your disposal when you need to ship or store products for your business. The convenience that comes with buying your shipping containers is worth the price.

With rental containers, you only rent when you require them. Thus, if you urgently need them for a task, you have to contact the rental company, choose containers, fill out paperwork, and make payments.

If the containers are delayed or aren’t available in your preferred specifications, you’ll be inconvenienced. Buying allows you immediate access to the equipment when you need it.

There Are No Restrictions and Penalties

When renting metal containers, you are given a list of the things you can and cannot do with the equipment. For example, you are not allowed to modify them. Also, there are penalties for violating the rental terms.

Buying gives you the freedom to use your shipping containers without any restrictions. If the containers get damaged during use, you don’t have to worry about getting penalized.

Container rentals may seem affordable, but the extent of use is restricted to the rental company’s terms. Buy your containers so you won’t have to worry about violating the contract.

You Can Buy Shipping Containers to Rent

Are you worried about spending too much money on buying shipping containers? Why don’t you buy to rent and make money from the containers?

There are various ways you can make money from your shipping containers, recover the purchase costs, and make profits. They include the following:

  • Rent out storage space in your containers to small businesses
  • Design container offices or coworking spaces and rent them out to individuals
  • Rent out containers to companies that wish to ship products locally

Consider monetizing your containers, especially after the end of your project. You can make anything between $40 and $200 per month on every container rental. The price depends on the size, features, and condition of the equipment.

You Can Re-purpose After Use

Buying shipping containers allows you to re-purpose them after you complete your project. For example, containers that were previously used for storage or shipping can be converted into container homes or offices. 

Other re-purposing ideas include storage units, pop-up shops, patios, and container gardens. If you have no use for the containers, you can resell them to homeowners, container depots and local businesses.

Whichever option you go for, buying shipping containers as opposed to renting makes sense in the long run. You will never run out of something to do with them once your initial container project is over. 

Buy Shipping Containers Today and Make Savings

Buying containers is a better option as compared to renting. You get long-term cost savings, use the containers as you wish, and even make money by renting or selling them after use.

Are you ready to buy shipping containers for your business? Contact us today to get a free quote.