How do modular building suppliers set prices for used and new modular offices and portable classrooms?
Modular building and portable classroom suppliers use several factors to set their lease (rental) and purchase prices for used and new modular buildings. Throughout the year, market conditions and modular building supplier inventories change, so from month to month, prices may be 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.
Learn more about the seasonal trends of the modular building business.
Here are some typical buying scenarios that can help you save time and money when searching for a modular building, portable classroom, or mobile office trailer. Buy smart!
- Best Case Scenario #1: You are interested in buying one or multiple used modular buildings and are flexible with the floor plan layout. 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 at least 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. Supply and demand can work for or against you in the modular building business.
- 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 will also be super busy during these months. 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.
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 [email protected].