Common Myths About Rent-to-Own Portable Buildings

If you’ve considered buying a storage shed, portable building, backyard workshop, garage, or cabin, you’ve probably seen the words Rent-to-Own.

And you may already have an opinion about it.

The problem is that some of the things people assume about Rent-to-Own simply aren’t true.

At Willow Prairie Portable Buildings, we want customers to understand their options before making a decision. Rent-to-Own isn’t necessarily the best choice for everyone—but for the right customer, it can provide a convenient way to get the building they need without paying the entire purchase price upfront.

Let’s separate some of the most common Rent-to-Own myths from the facts.

MYTH #1: “You Need Good Credit to Qualify”

This is probably one of the biggest misconceptions.

FACT: Our Rent-to-Own program requires NO credit check.

Rent-to-Own isn’t the same thing as traditional bank financing. You don’t need a high credit score to qualify, and customers with limited or imperfect credit aren’t automatically excluded.

It’s also an option for customers who have excellent credit but simply don’t want to apply for another traditional loan.

If you’ve been assuming that your credit history prevents you from getting the storage shed or portable building you need, Rent-to-Own may provide another option.

MYTH #2: “You Need a Big Down Payment”

People sometimes assume they’ll need hundreds—or even thousands—of dollars before they can get a building delivered.

FACT: Qualifying in-stock buildings may be available with $0 down!

Certain requirements apply, including eligible Rent-to-Own terms and automatic payment arrangements, but a large upfront payment isn’t always necessary.

That’s one reason Rent-to-Own can be helpful for someone who needs backyard storage now but doesn’t have several thousand dollars sitting aside for a cash purchase.

Ask us whether the building you’re considering qualifies for $0 down Rent-to-Own.

MYTH #3: “Once You Choose a Term, You’re Stuck With It”

Suppose you select a 36-, 48-, or 60-month option. Does that mean you absolutely have to make every scheduled payment for that entire period?

FACT: You can pay your building off early.

This is one of the most important things customers should understand about Rent-to-Own.

Maybe you need your shed now but expect additional money later. You could choose Rent-to-Own today and then exercise an early purchase option when the funds become available.

The full term provides a payment schedule. It doesn’t necessarily mean you have to take that long to own your building.

MYTH #4: “Rent-to-Own Is Always the Cheapest Way to Buy”

This myth goes in the opposite direction.

FACT: If you can comfortably purchase the building outright, paying cash will generally cost less than keeping a Rent-to-Own agreement for its full term.

Rent-to-Own provides flexibility and convenience, but those benefits come at a cost.

That’s why we encourage customers to consider more than just the monthly payment.

Compare the cash price, monthly rental payment, length of the agreement, early purchase options, and total potential cost. Then decide which option makes the most sense for your situation.

Rent-to-Own can be a great tool—but it should be an informed decision.

MYTH #5: “Rent-to-Own Is Only for People With Bad Credit”

Not at all.

FACT: People choose Rent-to-Own for many different reasons.

Some customers appreciate the fact that there’s no credit check. Others simply don’t want to use traditional financing.

Some don’t want to drain their savings for a large purchase. Others need a building immediately and expect to have the money to pay it off later.

Still others prefer predictable monthly payments that are easier to work into their household budget.

Rent-to-Own isn’t simply a “bad credit option.” It’s another way to acquire the portable storage building you need.

MYTH #6: “You Can’t Pay It Off Quickly”

We’ve already mentioned early payoff, but there’s another option worth knowing about.

FACT: We offer 90 Days Same as Cash.

If you meet the program requirements and complete your purchase within the applicable 90-day period, you can take advantage of the 90 Days Same as Cash option.

This can be especially useful when you need a building immediately but know you’ll have the money available soon.

Be sure to ask us how the program works so you understand the required payments and payoff process.

MYTH #7: “Rent-to-Own Is Only Available on Small, Basic Sheds”

Think bigger!

FACT: Rent-to-Own can be available on many different types and sizes of portable buildings.

Depending on the building and program eligibility, that may include:

• Storage sheds

• Garden sheds

• Utility sheds

• Lofted barns

• Workshops

• Garages

• Cabins

• Other portable buildings

  
  

So whether you’re simply trying to get the lawn mower out of your garage or dreaming about a man cave, she shed, backyard office, hobby shop, hunting cabin, or workshop, there may be a Rent-to-Own option available.

MYTH #8: “The Lowest Monthly Payment Is Automatically the Best Deal”

This one is especially important.

FACT: A lower monthly payment doesn’t necessarily mean a lower overall cost.

A longer Rent-to-Own term can reduce the amount you’re paying each month, but extending the agreement can increase the total amount paid if you carry it all the way to completion.

Don’t shop only by monthly payment.

Ask yourself:

What can I comfortably afford each month? How quickly could I realistically pay this building off? What will my total cost be?

Those questions can help you choose a payment plan that makes sense both today and long term.

MYTH #9: “Rent-to-Own Is Complicated”

It doesn’t have to be.

FACT: We’ll walk you through it.

You shouldn’t sign an agreement you don’t understand.

At Willow Prairie Portable Buildings, we’ll help explain the available terms, monthly payments, upfront requirements, early purchase options, and other important details so you can make an informed decision.

Ask questions. Compare options. Understand what you’re agreeing to.

That’s the way it should be.

Get the Facts Before You Decide

Rent-to-Own isn’t magic, and it isn’t automatically the right choice for every customer.

But neither should it be dismissed because of common misconceptions.

For the right customer, Rent-to-Own portable buildings can provide a flexible way to solve a storage problem today without paying the entire purchase price upfront.

And with options such as:

✓ No Credit Check

✓ 36, 48 & 60-Month Options

✓ 90 Days Same as Cash

✓ Early Payoff Available

✓ Ask About $0 Down

✓ Free Delivery Within 50 Miles on Qualifying In-Stock Buildings

…it may be worth taking a closer look.

If you’re considering a storage shed, lofted barn, garage, cabin, workshop, or backyard storage building, stop by Willow Prairie Portable Buildings and let’s talk.

Walk the lot and see the buildings for yourself, browse our current inventory at WillowPrairie.com, or call Michael at 260-319-1160.

We’ll answer your questions and help you decide whether purchasing outright or Rent-to-Own makes the most sense for you.

Better Buildings. Better Prices. Better Service.

Willow Prairie Portable Buildings

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