To Buy or Rent a Modular Building? Best & Worst Case Scenarios

Best and worst case scenarios if you want to buy or rent a modular building
Matt Banes modular building information source
Written by Matt Banes
This post will help you find the best price for buying or renting a modular building or portable classroom.

Modular building and portable classroom suppliers use several factors to set their lease (rental) and purchase prices for both used and new modular buildings. Throughout the year market conditions and modular building supplier inventories change, so from month to month prices may be set higher or lower, and the availability of modular buildings and portable classroom trailers will fluctuate. Depending upon the demand for specific types and sizes of modular buildings and whether or not a supplier has a well-stocked inventory, the price to rent or buy could go from a highly competitive “great deal” to a “seller’s market premium” in no time.

Here are some typical buying scenarios that can help you save time and money if you are searching for any type of modular building, portable classroom, or even a mobile office trailer. Buy smart!

Best Case Scenario #1: You are interested in buying one or multiple used modular buildings and are flexible with what the floor plan layout is. This puts you in the driver’s seat to find the best deal from local suppliers. If you contact several suppliers, you will eventually find the best deal for your money.

Best Case Scenario #2: Your school district needs multiple portable classrooms for a minimum of 18 months (or more), and you advertise the contract for public bid. This will create a very price-competitive situation and attract quality suppliers to bid. You retain the right to award the contract to the most qualified supplier.
 
Worst Case Scenario #1: You immediately need one or multiple used modular classrooms or offices during peak season (spring, summer). The suppliers will most likely need to charge a premium for rent or purchase due to low inventories, or they will need to supply you with the “best” and most expensive or the “worst” and still expensive of their inventory. In the modular building business, supply and demand can work for or against you.
 
Worst Case Scenario #2: You want a new modular building quickly – and it’s peak season. This situation happens regularly because schools typically try to install modular classrooms during the best weather in spring and summer. Ultimately the modular building manufacturers are super busy during these months as well. So if you do not place your order and secure manufacturing line time in advance, you end up at the back of the line. This can cost your business, school, or daycare center program valuable time and money.
 
If you are in the market for a modular building, I suggest trying our online price quote tool. This form takes a few minutes to complete, and it sends your request one time to local suppliers. This is the best way to meet the local suppliers and get the best price.

 

About the author

Matt Banes modular building information source

Matt Banes

Since 1988 I have helped countless businesses, schools, and churches buy, rent, and sell all types of modular buildings, mobile offices, and portable classrooms for a wide variety of business and educational uses.

One of my success secrets is being available by phone to quickly answer questions and help you find what you need cost-effectively. So, why wait? Call me directly at the Modular Building Help Line (800) 806-7485.

1 Comment

  • Here's a tip for anyone in California. There are a number of 24' x 40' used portable classrooms available from a school district in Los Angeles county. These are DSA approved modulars and are in good condition. Please email me if you are interested matt@gbmmarketing.com.