A common question we often get asked here at Willbox is whether it’s better to buy or rent a shipping container, and the unique advantages and disadvantages of doing so.

Well, we decided to set the record straight:

Buy vs. hire a shipping container – pros and cons of each

The comparison between the two generally comes down to how you want to use your container and how much money you’re willing to spend. Let’s break it down:

Pros of buying a shipping containers

Customisations – With purchased container homes and storage facilities, the modification potential is nearly limitless, which can’t be said for renting. The only limiting factor is the cost. From an emergency shelter to an office to a pop-up shop, there’s no limit to what you can do.

Resale value – When you buy a container, you may want to sell it at some point, in case your needs change. Apart from a long, sea-worthy shelf-life, containers can withstand some incredibly harsh weather elements too. This level of durability means you can fetch a pretty decent price when you want to sell it.

Cons of buying a shipping container

Transportation – Every time you want to move the container to a different location, you must do so at your own cost. Using a transportation service might cost you a pretty penny, unless you have a suitable vehicle to transport it on your own.

Regular maintenance – Even though shipping containers are robust structures meant to last for decades, they need servicing at least once a year, which means diligently checking the hinges and doors, checking for any dents or water accumulation on the roof, or ensuring that it’s perfectly level, for example.

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Pros of renting a shipping container

No need for maintenance – none of that! It’s not up to you, which means you’ll have more time and energy to focus on other things, both inside and outside the container!

Low upfront costs – Compared to buying a container, the upfront costs are lower as you can rent one at a fraction of the full price for that container. Ideal if you want to use it for a short while.

Cons of hiring a shipping container

Ongoing costs – Renting a container means paying a monthly fee which is non-refundable, irrespective of how much you use it.

Limited options and lack of modification – unlike buying a container with lots of modification potential, rental means you will have to make do with the sizes and configurations available.

There’s definitely more to consider between buying vs. renting a shipping container. Willbox is a leading supplier of containers for hire and purchase. Let us know your requirements: 0800 023 5060 and can help you with choosing the best shipping container solution.

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