Hire vs buy containers: Why renting a shipping container can save you money
Shipping containers are widely recognised as being a secure, weatherproof and portable sector-wide storage solution.
But while sourcing the right storage container that meets your needs should be a relatively straightforward task, it’s another thing to have to think about, which is why we’ve explained everything you need to know below to help you out.
Having provided countless commercial contractor and site managers with storage containers solutions for more than 60 years, we understand the working environments and associated daily pressures, which include time and budget constraints.
Making sure you generate the best possible return on your investment is a priority, which can be achieved by focusing on several key factors, starting with whether you should buy a shipping container or rent a shipping container.
Should you rent a shipping container?
Choosing to rent a shipping container rather than purchase one is a cost effective option for a whole host of reasons, including these:
Reason #1: Lower upfront costs
When you rent a shipping container, it immediately relieves you of the headache of having to part with a large capital outlay, which is particularly important if you only need the container on a short to mid-term basis. In turn, this enables you to preserve your cashflow for other financial priorities, such as labour, materials and equipment.
Reason #2: Flexible rental agreements
Regardless of the dimensions or end use, storage containers can be rented on a short or long-term basis.
Here at Algeco UK, we offer a range of flexible rental plans that specifically cater for our customers’ needs, regardless of if they need a container for a few weeks or several months.
Reason #3: Zero maintenance and repair costs…
When you hire a storage container, you don’t own it, which means you aren’t responsible for repairing and maintaining it and the costs that go with it.
All of our shipping containers are serviced in between them being rented out, which means they come to you in an excellent condition and stay that way until they reach the end of their shelf life, which is usually around the 25 to 30-year mark. What’s more, you don’t have to worry about your container depreciating in value either because you’re leasing it from us.
Reason #4: …and transport & disposal costs
Arranging for your container to be delivered to site invariably involves transportation costs, which can be more expensive if your provider isn’t local to you. And when you no longer need the container or if you need it to be moved to a different on-site location or site, you will have to arrange and pay for the associated handling costs.
When you rent a shipping container, the suppliers (us included) often incorporate handling and haulage costs into the overall hire agreement, as standard.
Shipping containers in every size
Our comprehensive range of storage containers covers all dimensions, from 10ft, all the way up to 40ft. Available as brand new or used units, they are made from durable steel and incorporate the latest anti-vandal features.
One of our largest containers, this 40ft unit can be used in conjunction with a forklift to store tools, equipment and other on-site items.
Key standard features include:
- 10-lever Tri-Cam locking system
- ContainerGuard to prevent corrosion
- Double doors for easy access
- Air vents for optimum ventilation
- Solid wood flooring
- Optional extras: electricity, lighting, racking (two different types) and fencing
- Available to hire today for four weeks or more
Right solution, right you need it
Thanks to our extensive range of storage containers, coupled with our UK-wide network of branches, we provide rapid delivery and installation. Simply tell us what you want to hire, and we’ll immediately get to work on providing you with what you the right storage container solution, when you need it.
We can adapt to your requirements too, so if you initially invest in a 20ft container and go on to find you need a 40ft container, we can make it happen. And if you have a larger container and your storage needs change to something smaller, our team will provide you with exactly what you need.
Hiring a shipping container is a highly flexible solution for keeping everything safely and securely stored away while also enabling you to save money without compromising on your storage requirements.
We hope you’ve found this post useful, to explore our full range and get a tailored quote, visit: https://www.algeco.co.uk/shipping-containers
In the meantime, for further information or to discuss your shipping container requirements with us, please complete this short form.