8% Off All Premier Buildings

Sale Ends June 8th! Excludes in-stock sheds and garages.

See Terms & Conditions

Be the first to know!

Join our list to be notified of new buildings and other discounts.

(*You can unsubscribe at any time.)

Name(Required)
Which building type are you most interested in receiving alerts for?(Required)
Hidden
Which shed style(s) are you most interested in receiving alerts for?(Required)
Hidden
Which garage style(s) are you most interested in receiving alerts for?(Required)
Hidden
What's your primary reason for purchasing a shed?(Required)
Hidden
What is your approximate timeframe for purchasing a shed?(Required)
This field is for validation purposes and should be left unchanged.

Rent to Own Sheds: 3 Reasons NOT To Do It

why you should not purchase rent to own sheds

Rent to own, aka rental purchase or rent to buy is the transaction between a buyer and seller in which the buyer purchases the product and pays on a monthly basis. At first, this may sound like a great idea, especially for those who cannot afford to purchase outright. However, after looking at the numbers, purchasing a shed on rent-to-own can be very costly… Let’s dig into it a bit below.

Table of Contents

Search Tool

Width:
Length:
Style:

12x36 Workshop (A Frame) w Smart Panel T111 Siding

Building Type: Premier Garden Shed

Base Price: $13679

16x44 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $22184

16x40 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $20527

16x36 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $18870

16x34 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $18047

16x32 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $17211

16x28 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $15557

16x22 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $13076

14x48 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $14614

14x44 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $13564

14x40 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $12513

14x34 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $10940

14x32 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $10418

14x28 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $9369

14x22 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $7800

12x48 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $11829

12x44 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $10963

12x34 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $8802

12x32 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $8367

10x26 Workshop w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $5747

16x48 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $25267

16x44 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $23540

16x40 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $21805

16x36 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $20071

16x34 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $19203

16x32 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $18340

16x30 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $17472

16x28 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $16605

16x26 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $15737

16x24 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $14868

16x22 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $14005

14x48 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $16267

14x44 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $15090

14x40 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $13919

14x36 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $12745

14x34 Saltbox w Smart Panel T111 Siding

Building Type: Standard Shed

Base Price: $12156

1. The Cost of Rent to Own Sheds

Purchasing a shed with a rent-to-own plan can increase the total cost by 25%, 50%, or even 100+% compared with buying the shed outright. Essentially, purchasing a shed via rent-to-own involves paying for the shed itself, as well as paying for “leasing services” for the length of the rental term (usually 24 to 60 months). Longer rental terms mean lower monthly payments, but also mean you will be paying more in total for “leasing”.

For example, purchasing an 8×12 shed can cost around $8,517 if you buy it outright, however, if you were to do a rent-to-own payment plan, you could be paying up to double that amount over the course of 4 years!

2. Rent to Own Shed Repossession

rent to own shed barns

If for any reason you cannot come up with a payment by the due date that you had contracted with your rent-to-own shed provider, they are legally allowed to come and repossess the shed. This can be a big risk to someone who does not have a stable job or income, so make sure if you are going to do rent to own, ensure your payments are covered until the maturity date.

3. You’re in a Contract

Just like some people hate their phone contracts, rent-to-own sheds bring those to another level. You are in a contract with the shed company to pay a certain amount back every month by the contract maturity date. This means you cannot sell the shed until it is fully paid off, and also some shed companies do not allow you to pay the shed off in full without a fee.

Can Rent to own sheds be good?

In some scenarios, a rent-to-own shed can be suitable for some. This includes those who currently pay monthly storage unit fees. A shed may be a more affordable and convenient option with the shed being right on your property.

Another scenario would be if you were in need of a storage unit for a certain amount of time, you can rent out a shed and simply have the company pick it up once you don’t need it anymore, don’t tell them we said that. ????

Buy Your Shed Outright with Sheds Unlimited

modern rent to own sheds

Now that you know why you should not purchase a rent-to-own shed, it’s time to look at purchasing it outright. Purchasing your shed outright will leave you without any pesky monthly payments, peace of mind knowing your shed is paid off, and more. Plus, you can buy the shed directly from us…the manufacturers instead of going through a dealership! Explore our selection of in-stock storage sheds below or request a free estimate here.

Recent Articles:

Recent Customer Stories:

ready for more space in your life?

Create the building of your dreams by customizing a design in 3D. You can also call us at 717-442-3281. We're here to assist you!

storage sheds 3d designer online

testimonials

sheds unlimited
customer reviews

See what our past customers have to say about us! (You can also check our third-party Google reviews and Facebook reviews.)

942 Reviews
4.9 Average Rating