Rent To Own is a simple, affordable program designed to allow you to have your dreams now and pay as you go! Choose from our 24-month, 36-month, 48-month, or 60-month programs.
Advantages of our Rent To Own Program
Most mini storage units cost more every month than having a new structure right in your backyard! On top of the simple price advantage, there are two other things to consider: Mini Storages are often just that... very "mini". Also in some cases, you have to drive across town or further to access your valuable belongings.
No Credit Needed
We do not perform credit checks so if you've encountered some road bumps and don't have the best credit, that is no problem. We simply need the initial payment to get started.
Will Never Damage Your Credit
Should life throw you a curve ball or you simply don't need the building, simply call us, and we will return the building at no further cost or obligation. Compare this to financing with a bank where you are forced to continue payments or experience foreclosure.
You Can Choose To Pay Off Early
If you wish, your can take the entire term of your agreement to complete your payments, or you can simply pay the remaining balance off early. There is a discount for completing your payments early.
To be eligible for our Rent To Own (RTO) program, your structure must be:
- A Storage Shed or Single Wide Garage
- Delivered within 150 miles of one of our Woodtex sales centers
How RTO Works
After your sales advisor helps you design the building that is perfect for you, we will place your order.
At the time you place your order, you may pay the deposit (the initial payment). The initial payment consists of one month's rent + a $49 processing fee. You may pay in person via check or cash, through the mail via check, by phone with your credit card, or even online!
After your new building is delivered, you simply make monthly payments until completion. Keep in mind 2 months have already been paid!
Questions and Answers
How Much Is Required to Get Started?
This depends on the size and style of the building you are interested in. Two months rent is required to start.
What Is The Interest Rate?
There is no interest rate, so to speak. This is simply a monthly rental payment that, when completed, allows you to own the building you’ve been renting!
Will I Pay More After 36 Months Than The Cash Price?
Yes, you will wind up paying more than the cash price of the structure. However, it does spread your payments over a period of time, which can be very helpful, and there is also a discount for paying off the building early.
How Much Do I Save By Completing My Payments Early?
You may complete your payments at any time during the rental period. Any time you choose to do so, you will simply pay 60% of what is currently owed. For example, if you’ve been renting the building for several months and the sum of the remaining payments is $1,000, simply pay $600 (60% of $1,000) and the building is yours to keep!
How Do I Make My Payments?
You may make your monthly payments by mailing a check, calling us with your credit card info, or paying online. We also offer recurring payments so you don't need to worry about missing a payment!