What are my options for paying for a portable modular classroom in Texas?
In Texas, modular building suppliers and manufacturers offer customers the ability to lease, purchase or lease purchase any type of modular building, classroom, or mobile office trailer. You or your company will need to meet the financial requirements for any type of operating lease or lease purchase.
Here are Some Pricing Facts and Figures
The three most common methods of obtaining a portable modular classroom are:
- Operating lease
- Lease with option to purchase
- Outright purchase of new or used structure
Depending upon the finances you have to work with and the nature of your space need (short term, long term), one of these options should be a good fit. For example, if you need multiple 24′ x 40′ portable classrooms for less than two years it probably makes good financial sense to lease the modulars. On the other hand, if you need a more permanent long-term modular building – a daycare center, for example, it probably makes sense to negotiate an affordable sales price and buy the modular structure outright. This option will save you from paying far more than the building is worth in the long run.
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Prices to lease/rent or buy a portable classroom in Texas (and any other state) change based on your answers to the following questions:
1. How long do you need to use the modular classroom? Long-term = lower lease rate and more negotiating power. Short term is less desirable to the supplier so the prices increase considerably.
2. Do you prefer a new modular classroom or a used one? Used portable modular classrooms will save you time and money because there are more of them readily available. New modular buildings offer more design flexibility but will typically take longer to manufacture and cost more to purchase or lease.
3. When do you need to occupy the modular classroom? During the high season when demand is up and supply is down prices to rent or buy typically increase. In Texas, spring and summer are the high seasons in the modular classroom market.
Keep in mind that modular classroom delivery, installation, knockdown, and return delivery are additional costs that can be negotiated as one-time payments or amortized into the lease rate if need be.
I hope this article helps anyone in Houston, Dallas, Austin, or other parts of Texas and the U.S. save some time and money. Feel free to call me if you need any help! Dial (800) 806-7585.
