Are you thinking about buying a new shed but don’t have the budget for it right now? Maybe you’re paying too much for a secure storage unit across town and want a more permanent and convenient solution. Or perhaps you’d like to finally get all that extra stuff out of your garage. Whatever your storage needs, the Rent-to-Own option from North Mountain Structures might be the perfect solution for you.
In this guide, we’ll explain how our Rent-to-Own program works, its advantages, and how you can determine if it’s the right choice for your new shed.
What is Rent-to-Own?
Rent-to-Own is a program that allows you to get the storage shed you need now with low monthly payments and no credit check required. Unlike traditional financing, Rent-to-Own gives you immediate access to your shed while you make monthly payments toward owning it outright. It’s a flexible and affordable way to invest in a long-term storage solution.
How North Mountain Structures’ Rent-to-Own Program Works
Getting started with our Rent-to-Own program is simple and straightforward. Here’s how it works:
1. Choose Your Shed
First, you need to select the size and style of the building you want. At North Mountain Structures, we offer a wide variety of sheds to fit your needs, from small garden sheds to large storage buildings. You can pick from our inventory buildings, or we can custom-make a building for you. Our team is here to help you find the perfect shed that matches your requirements and preferences.
2. Calculate Your Payments
To calculate your monthly rental payment, simply divide the cash price of your shed by 21.6. For example, if you choose a shed that costs $3,000, your monthly payment would be $138.89 (excluding sales tax). This easy calculation helps you understand the affordability of the Rent-to-Own option and plan your budget accordingly.
3. Make the First Payment
Once you’ve chosen your shed and calculated your payments, the next step is to pay the first month’s rent upfront. This initial payment secures your shed and allows you to start using it right away. You also have the option to make a larger down payment for lower monthly payments, providing flexibility to suit your financial situation.
4. Own Your Shed.
After making the first payment, you’ll continue to make 36 equal monthly payments. At the end of this period, the building is yours to keep. There are no hidden fees or additional costs; once you’ve completed the payments, you own the shed outright. It’s that simple!
Advantages of the Rent-to-Own Program
Our Rent-to-Own program offers several benefits:
1. No Credit Check Required
One of the most significant advantages of our Rent-to-Own program is that there is no credit check required. This makes the program accessible to everyone, regardless of their credit history. Whether you have excellent credit, poor credit, or no credit at all, you can still take advantage of our Rent-to-Own option.
2. Immediate Access
With the Rent-to-Own program, you get immediate access to your shed. There’s no need to wait until you’ve saved up the full purchase price. This is particularly beneficial if you have an urgent need for additional storage space. You can start using your shed right away, providing a quick and effective solution to your storage problems.
3. Customizable Payment Plans
Our Rent-to-Own program offers customizable payment plans. You can adjust your down payment to find a monthly payment that fits your budget. If you can afford a larger initial payment, you can reduce your monthly payments. This flexibility ensures that the Rent-to-Own program can accommodate various financial situations.
4. Long-Term Savings
Compared to renting storage space indefinitely, Rent-to-Own allows you to save money over time. While renting a storage unit requires ongoing payments without the prospect of ownership, Rent-to-Own payments lead to ownership. Once you’ve completed the 36 monthly payments, the shed is yours, providing a permanent and cost-effective storage solution.
5. Ownership
After completing the 36 monthly payments, you will own your shed outright. This means you’ll have a permanent storage solution on your property without any additional costs. Ownership provides peace of mind and eliminates the need for ongoing rental fees.
Is Rent-to-Own Right for You?
Consider these questions to determine if Rent-to-Own is right for you:
- Do you need a storage shed now but don’t have the full purchase amount?
- Are you looking for a cost-effective, long-term storage solution?
- Would you prefer not to undergo a credit check?
Secure Your Shed Today with Rent-to-Own
The Rent-to-Own program from North Mountain Structures is a flexible, affordable, and convenient way to get the storage shed you need. With no credit checks, immediate access, and customizable payment plans, it’s an excellent choice for many homeowners. Whether you have budget constraints, need immediate storage, or are looking for a permanent solution, Rent-to-Own could be the perfect option for you.
Want to find out more? Contact North Mountain Structures today. We’ll be glad to help you get the shed you need when you need it most. Visit our website to get started on your Rent-to-Own journey. Don’t wait – secure your storage solution today and enjoy the benefits of owning your shed in just 36 months!