Many Australians assume that renting is the cheaper option. However, if you look at the numbers over a 3 to 5-year period, the story changes drastically. Let’s break down the “Dead Money” of renting versus the “Asset Value” of buying.
The Hidden Costs of Renting
When you rent, you aren’t just paying the daily rate (e.g., $50 – $80 per day). You are also paying for:
- Fuel & Time: Driving to the depot to pick it up and drop it off.
- Late Fees: Penalties if you get stuck in traffic.
- Damage Waivers: Extra insurance costs for peace of mind.
Cost Calculation Example (Estimated)
Let’s assume you need a trailer once every two months (6 times a year).
| Timeline | Renting Cost ($60/day x 6 days/year) | Buying Cost (Standard Box Trailer) |
| Year 1 | $360 | ~$1,800 (Purchase) + Rego |
| Year 3 | $1,080 | $0 (Purchase Paid) + Rego |
| Year 5 | $1,800 | $0 + Rego |
| Resale Value | $0 | ~50-60% of original price |
By Year 5, you have spent nearly $2,000 on rental fees and have nothing to show for it. If you had bought a trailer from Trailers Star, you would have paid it off years ago, and you could still sell it for a good price. High-quality galvanised trailers hold their value exceptionally well in Australia.