NPSA Sheds Light on Leasing Versus Renting Storage Containers

Released on: July 11, 2008, 2:18 pm

Press Release Author: Self Storage Promotions

Industry: Consumer Services

Press Release Summary: There are clear advantages to both renting and leasing
portable storage containers. The NPSA is educating business consumers on the pros
and cons of each option.

Press Release Body: KANSAS CITY, MO. (JULY 10, 2008) - Should you rent or buy a
portable storage container for your business needs? In an effort to educate business
consumers, the National Portable Storage Association (NPSA) is offering some
straight talk answers on the pros and cons of each option.

\"NPSA members sell and rent portable storage containers, and we often get questions
about what is the best option for business consumers,\" said John Finnessy, CMP,
Executive Director of the NPSA, a nonprofit membership association dedicated to the
advancement of the portable storage industry. \"The answer is: it depends. There is
no one-size-fits-all solution, but there are guidelines to help business consumers
make the best choice for their needs.\"

You may want to begin by checking with your accountant. IRS tax policy may encourage
you to rent your containers rather than buying. You could be able to deduct the full
value of the rental as a business expense, whereas you may be forced to deduct the
cost of container purchases over a number of years. Renting also makes more sense
than buying when businesses want to put less cash down or when containers are
available at a more reasonable price from rental companies than from portable
storage unit sellers. On the other hand, if a business is going to use the container
to its useful life, it will most likely cost the company much less money in the long
run to buy the container.

\"When you make any rent versus buy decision, you need to crunch the numbers and keep
in mind factors such as down payments, monthly costs, depreciation and, of course,
taxes,\" said NPSA Operations Manager Joel Rathbone. \"If the numbers work for you in
the short- and long-term, then you\'ll be satisfied with the outcome either way.\"

For more information, visit www.npsa-us.org.

The National Portable Storage Association
The National Portable Storage Association is dedicated to the advancement of the
portable storage industry. We at the NPSA are here to serve those in the portable
storage industry who rent, sell or lease containers, trailers and mobile offices.
The NPSA assists members with industry, regulatory and workforce issues; plus,
offers members networking, marketing and legislative support at national, state and
local levels.

PR Contact:
Jennifer LeClaire
Self Storage Promotions
954.454.0072
jennifer@selfstoragepromotions.com
www.selfstoragepromotions.com


Web Site: http://www.npsa-us.org

Contact Details: Jennifer LeClaire
Self Storage Promotions
954.454.0072
jennifer@selfstoragepromotions.com
www.selfstoragepromotions.com

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