Container rental buyout from Get Simple Box

Get Simple Box Container Rental Buyout Guide

Table of Contents

Quick Answer – What Is a Container Rental Buyout?

A container rental buyout lets you purchase the storage container you’re currently renting.

It’s our way of showing goodwill when it makes sense for both you and our rental fleet.  When a container qualifies, we simply match today’s sales price for a comparable One-Trip model and add a small goodwill credit to make the buyout even smoother.

Typical Buyout Details:

  • Buyout price is based on current sales price for a One-Trip container
  • A container buyout includes up to $250 goodwill credit
  • Container rental payments do not count toward ownership
  • Buyouts requires management approval
One-trip shipping container for sale at Get Simple Box

FAQs – Quick Answers

Q: What does “container rental buyout” mean?
A: It means you’re buying the container you’ve been renting instead of returning it.

Q: Do my rental payments count toward ownership?
A: No, past rent covers use only. Ownership is a separate purchase.

Why We Offer the Container Buyout Option

Most companies don’t sell from their rental fleets. At Get Simple Box, , we make exceptions sometimes because we prioritize fairness and long-term customer relationships.

Our container rental buyout policy gives customers the flexibility to keep the container they’ve come to rely on.

 

Reasons We Offer It

  • Goodwill: Reward long-time renters with a fair path to ownership
  • Fleet management: Free up or replace older containers when appropriate
  • Customer convenience: Let customers keep their current setup with no delivery disruption

Even though it’s not a core business model for us, it’s a way to say “thank you” to our customers when the timing works out.

FAQs – Why Buyout Exists

Q: Why doesn’t every company do this?
A: Most rental fleets can’t spare units or risk tax impacts, we offer buyouts case-by-case.

Q: Does Get Simple Box profit from buyouts?
A: Not much — after taxes and fleet replacement, it’s mainly a goodwill service.

What Kind of Container Are You Buying?

Every rental container in our fleet started as a One-Trip Container, the highest-grade unit in the industry.

That means even after years of use, our containers remain weather-tight, secure, and valuable.

One-Trip vs Multi-Trip Containers

Feature

One-Trip (Get Simple Box)

Typical Used (Competitors)

Condition

Like-new, one ocean trip

Multiple years of cargo wear

Lifespan

10–20+ years

Often near end of service

Value

High resale value

Lower resale

Appearance

Clean, uniform, professional

Scratched or dented

So, when you buy a container from Get Simple Box, you’re not getting a mystery box, you’re getting a trusted, well-maintained One-Trip container.

Container rental buyout new shipping container

Who Can Buy Out Their Container?

Once a container goes out for rent, it usually stays in circulation. At Get Simple Box, we sometimes make an exception. Why? Because we believe in fairness, transparency, and building lasting relationships with our customers. Not all containers can be sold from our fleet, though — we have to balance inventory, financing, and tax considerations.

Containers That Usually Can’t Be Bought Out

  • Units tied to bank financing or depreciation schedules
  • Containers still needed in active service
  • Boxes that haven’t met earnings targets

 

If your specific unit isn’t eligible, we can often offer a similar One-Trip container from our sales inventory.

Container rental fleet at Get Simple Box

FAQs – Eligibility

Q: Why might my container not be available?
A: It could be tied to financing, tax schedules, or fleet needs.

Q: Can I buy a container that is similar instead?
A: Yes, we’ll offer a match from our inventory when possible.

How We Calculate the Buyout Price

When a container qualifies for buyout, we make sure the pricing is clear and easy to understand. The buyout price is based on the current sales price, minus any applicable goodwill or prepaid return credits, plus sales tax. 

Get Simple Box Container Rental Buyout Formula:

Buyout Price = Current Sales Price – Goodwill Credit (max $250) – Prepaid Pickup Credit (if any) + Sales Tax

Example Calculation:

  • Current One-Trip 20ft Container: $3,900
  • Goodwill Credit: –$250
  • Prepaid Return Credit: –$100
  • Sales Tax (8.9%): +$321
     Total = $3,871

Important: Rental payments don’t apply toward ownership. They cover use of the shipping container only.

FAQs – Buyout Pricing

Q: How is the container rental buyout price determined?
A: The container rental buyout price is based on today’s retail price for the same One-Trip model.
Q: Why only $250 credit?
A: It’s a goodwill gesture to offset minor costs, not a rent-to-own system.

The Approval & Tax Process

Before a container rental buyout can be finalized, it needs management approval. This ensures that each sale aligns with our inventory needs, container eligibility, and replacement planning. We also take tax considerations into account, so the process is fair and transparent for both our customers and our accounting practices.

Approvals are based on:

  • Local inventory needs
  • Container eligibility and age
  • Replacement costs

From an accounting perspective, most rental fleet containers are fully depreciated the year we buy them. When sold, the sale price becomes taxable income, so we set aside roughly 30% in a tax reserve.

This means selling containers isn’t about profit; it’s about serving our customers.

Each Get Simple Box location is independently owned and operated, so opportunities to buy out your rental may vary. Be sure to check with your local location for availability and current pricing.

FAQs – Approval & Tax

Q: Who approves my container buyout?
A: A branch manager or admin team member approves a container for the buyout process in a case by case scenario.
Q: Why mention taxes?
A: It explains why the program exists as a goodwill option, not a discount program.

Step-by-Step: How to Request a Container Rental Buyout

Here’s exactly how to buy the container you’re renting:

  1. Contact your local Get Simple Box branch.
  2. Provide your container ID, size, and location.
  3. We confirm eligibility and pricing.
  4. Receive your quote.
  5. Approve and finalize your buyout.
  6. Keep your container in place, now as the owner!

Pro Tip:
Most competitors can’t offer buyouts at all. With Get Simple Box, you get transparent pricing and local decision-making from a real person.

FAQs – All About the Container Buyout Process

Q: How long does a buyout take?
A: Usually a few business days after approval.
Q: Can I finance the buyout?
A: We can connect you with financing options if needed.

When Buying Out Makes Sense (and When It Doesn’t)

Deciding whether a container rental buyout is right for you depends on your needs and plans. In some cases, keeping the container you’ve been using can save time, money, and hassle. In other situations, it may make more sense to continue renting or purchase a new container for long-term value.

Buyout Makes Sense When:

  • You like your current setup and want to keep it
  • You need long-term storage and want to stop monthly rent
  • You want to avoid the cost and hassle of pickup/delivery

It Might Not Make Sense If:

  • You plan to move soon
  • Your container is newer and still needed in our fleet
  • Buying a brand-new container offers better long-term value

For comparison, see our Shipping Containers for Sale page for current prices.

FAQs – Decision Factors

Q: How do I know if it’s worth it?
A: Compare the buyout price to buying a new One-Trip container (often within a few hundred dollars).
Q: Can I switch to rent-to-own instead?
A: Yes, we can transition your agreement if ownership is your long-term goal.

Rent-to-Own Option (RTO): A Flexible Path to Ownership

If you’re not ready to buy out your current rental,  or you haven’t been renting very long, our Rent-to-Own (RTO) program offers a flexible alternative.

This plan lets you make monthly payments toward ownership of a new 20-foot One-Trip container, usually over 24 months, with no credit check required.

Why Choose Rent-to-Own?

RTO is ideal for renters who are early in their journey or want to own a container without paying all at once.

  • It helps spread the cost over time.
  • You can start with minimal upfront cost.
  • You still receive local delivery and service.

Key Features & Benefits

Before deciding, it helps to know what sets this option apart:

  • No credit check: Approval is simple and accessible.
  • Fixed 24-month term: Predictable payments make budgeting easier.
  • Early payoff available: You can finish early and save.
  • New, high-quality containers: Only One-Trip 20ft units qualify.

How It Works

Here’s what the Rent-to-Own process looks like step-by-step:

  1. Choose your new One-Trip 20ft container.
  2. Complete a quick one-page RTO form.
  3. Make your first and last month’s payment plus delivery.
  4. Schedule your delivery.
  5. Pay monthly installments for 24 months.
  6. Own your container outright after your final payment.

If you return the container early, it’s simply treated as a rental. You just cover standard return delivery costs, with no penalties if the container is undamaged.

When Rent-to-Own Makes Sense

Consider RTO if you:

  • Haven’t rented long enough for a buyout
  • Want an ownership path without a lump-sum payment
  • Expect long-term storage needs

If you’ve been renting for a while and want to keep your current box, the Container Rental Buyout program may be the better fit. Either way, Get Simple Box provides clear, fair ownership options.

Comparing Get Simple Box vs Other Container Companies

Here’s how we stack up against typical competitors:

Feature

Get Simple Box

Most Competitors

Buyout Option

✅ Offered (case-by-case)

❌ Usually unavailable

Container Type

One-Trip, high quality

Mixed used inventory

Local Service

Multiple locations across the Northwest

Often nationwide call centers

Transparency

Clear policy and goodwill credit

Varies, often unclear

Customer Support

Real people, local managers

Outsourced support

That’s why local and national customers alike choose Get Simple Box, a trusted, family-owned container company offering fair pricing and service that’s still personal.

FAQs – Competitor Comparison

Q: Why choose Get Simple Box?
A: We combine local service with transparent national support and we go the extra mile for our customers—offering goodwill options whenever we can to make your experience easier and fair.
Q: Do competitors offer buyouts?
A: Rarely. Most focus on long-term rentals only.

National Customer Stories

We’ve helped thousands of customers transition from renting to owning their boxes.

“We’d been renting for two years. The buyout was easy and fair, we kept our same box right where it was!”
 — Steve M., Washington

“Our construction team needed ownership for tax purposes. Get Simple Box handled everything in a few days.”
 — Carmen L., Oregon

“Simple, transparent, friendly. The buyout process was easier than returning the container.”
 — Jim and Laura B., Idaho

FAQs – Common Questions About Container Rental Buyout

Q: What does a typical buyout cost?
A: Usually similar to current market pricing for a One-Trip container, minus your goodwill credit.

Q: Can I buy a used container instead?
A: Yes, check our used container sales for current inventory.

Q: Do you deliver replacement containers?
A: Absolutely. We offer shipping container delivery services across all our locations.

Q: Can I customize the container after buying it?
A: Yes! We offer shipping container modifications for offices, workshops, and more.

Q: Does Get Simple Box offer rent-to-own?
A: Yes, our Rent to Own Shipping Containers program is the best choice if you want ownership from day one.

Related Resources

Get a Quote from Get Simple Box

A container rental buyout gives you ownership, flexibility, and peace of mind.

If you’re ready to explore ownership or need help comparing your options, our team is here for you.

As a reminder, each Get Simple Box location is independently owned and operated, so opportunities to buy out your rental or start a rent-to-own plan may vary. Be sure to check with your local branch for availability and current pricing.

Need fast, friendly container service anywhere we operate?
Get Simple Box makes storage simple, one box at a time.

📍 Get Simple Box
 Serving Washington, Oregon, California, and Arizona
 📞 1-855-855-4269
 🌐 www.getsimplebox.com

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