Renting a Trailer vs. Buying a Trailer

Renting a Trailer vs. Buying a Trailer: Which is Right for You?  

When moving, camping, or tackling landscaping projects, trailers are a reliable solution for all your hauling needs. They’re convenient, versatile, and available in a large variety of styles and sizes to handle just about any job.  

However, you may find yourself wondering whether you should rent a trailer or buy one. The right choice depends on your budget, how often you plan on using the trailer, and how much flexibility you’re looking for.  

Here is a clear breakdown to help you make the right decision for you.  

Which Type of Trailer Do I Need?  

Before deciding to rent or buy, it’s important to think about the type of trailer your task requires. Different projects can call for different equipment.  

Enclosed Cargo Trailers

Enclosed cargo trailers protect your belongings from weather conditions and road debris. They’re a great choice for long-distance moves, transporting valuables, or keeping items secure during travel.  

Utility Trailers

Utility trailers provide openness and versatility. They are the ideal choice for landscaping projects, hauling equipment, moving bulky furniture, or transporting uniquely shaped items.  

Flatbed/Vehicle Transport Trailers 

Flatbed trailers are ideal for local or long-distance moves. Providing versatility and a spacious deck, they are a great option for towing off-road vehicles, large SUVs, and full-size trucks. 

Additionally, vehicle transport trailers such as the Tow Dolly provide a lightweight and durable design, allowing you to securely tow vehicles. The maximum load can vary depending on the vehicle being towed.  

Keep in mind that the required sizing and capacity matter. A trailer that works for yard debris may not be the right fit for a large household move. In this case, by renting, you are given more flexibility to choose the right size and capacity each time you rent, depending on your needs.  

 

How Much Does It Cost to Buy a Trailer? 

The cost of buying a trailer caries depending on the size, type, and features of the trailer you need. Below are some common trailer costs:  

• Utility trailers: Smaller, lighter weight utility trailers can range roughly from $1,000 to $3,000, while larger, more heavy-duty trailers can range roughly from $3,500 to $7,000.  

• Enclosed cargo trailers: Smaller cargo trailer units' range around $2,500 to $4,500; medium units can range $4,500 to $8,000, and large units can range between costs as high as $10,000 to $15,000+. 

• Flatbed/vehicle transport trailers: More light weight vehicle transport units such as car dolly's can range from $1,500 to $3,000. Flatbed trailers can range from $3,500 to $15,000+. 

However, purchasing a trailer is more than just a one-time investment. Having ownership of a trailer comes with ongoing responsibilities and costs, which can include: 

• Registration fees (varies by state)  

• Safety inspections, where required 

• Insurance coverage 

• Routine maintenance 

• Repairs and tire replacement 

It is important to remember that maintenance does matter. Maintenance keeps your trailer in good condition while preventing breakdowns and extending your trailer’s life. Aim to get your trailer serviced every six months. This can also help protect you from unnecessary repair fees.  

In contrast to owning, when you rent with U-Haul trailers, you don’t incur any of the preventative maintenance costs or hassle! Just the rental rate for the time you use it. U-Haul trailers are serviced every year for brakes, and every trailer is a part of a multiple step inspection before you take one on the road. 

Rental rates and availability may also vary by location and season. Get a personalized quote online to get the most accurate information. 

How Often Will I Use My Trailer? 

Be realistic about how frequently you’ll need a trailer.  

• Occasional use (a few times per year): Renting is typically the most economical choice.  

• Seasonal use (a few times per month): Renting still offers flexibility without long-term costs.  

• Frequent use (multiple times per week, long term): Buying may be worth considering.  

New cargo and utility trailers can cost a minimum of $4,000, plus interest if you’re taking out a loan. You would need to rent a U-Haul 4ft x 7ft utility trailer locally more than 260 times to even get close to $4,000. 

Additionally, it’s important to consider how often your needs for a trailer change. If your needs change from job to job, renting allows you to select the right type and size every time, while ownership locks you into one trailer configuration. 

Where Will I Store My Trailer? 

One of the most important but overlooked parts of trailer ownership is storage.  

For proper storage, you will need:  

• Adequate driveway or property space  

OR 

• A paid storage lot

If your home is not large enough to accommodate a trailer, keep in mind that storage fees are a recurring monthly or annual expense. Some neighborhoods or HOAs may also have parking restrictions.  

With a rental, there’s no long-term storage concern. You pick up the trailer when you need it and return it when you’re done.  

If you do decide that a paid storage lot is right for you, U-Haul provides vehicle storage that can resolve any issues surrounding neighborhood parking ordinance, or parking space limitations. U-Haul's vehicle storage also adds a security benefit, with your vehicle being stored in a secure self-storage facility. 

Additionally, some more benefits of storing your vehicle with U-Haul include:  

• Conveniently located, secure facilities 

• Electrical outlets 

• Dump Stations 

• Controlled Gate access 

• 24-hour access available - access your vehicle when you need to 

• Well-lit facilities - lighting enhances security and makes parking easy 

• Wide aisles - easily maneuver your vehicles in and out of your storage space 

Learn more about U-Haul vehicle storage.  

Maintenance and Peace of Mind 

When you own a trailer, repairs and unexpected issues are your responsibility. Flat tires, wiring problems, and general wear can happen over time.  

When renting with U-Haul, our reliable and trustworthy trailers include regular maintenance to ensure they’re your safest option. U-Haul operates more than 25,000 locations across the United States and Canada, which can be helpful if you need assistance while traveling. Additionally, U-Haul provides 24-hour Roadside Assistance. 

If anything goes wrong with the trailer, such as an accident or mechanical issue, we can switch it out with one of the other 100,000+ trailers in our rental fleet. In comparison, buying a trailer requires you to handle the costs of repairs, maintenance, and even replacements. 

In-town rentals at U-Haul range from $14.95 to $89.95 per rental period. These affordable rates make renting a great option.  

The Bottom Line: Rent or Buy? 

Choosing between renting or buying comes down to how you plan to use your trailer.  

If you only need a trailer for occasional projects, like a weekend move or a seasonal landscaping job, renting gives you the flexibility you need without long-term commitment. You can choose the right size for each job and return it when you are done without worrying about storage or maintenance. 

On the other hand, if you plan on using a trailer multiple times a week for ongoing work and have reliable storage, buying may be the right option for you. Ownership may offer convenience for frequent use, but it also means taking on registration, upkeep, and repair responsibilities.  

For many DIY movers and homeowners, renting offers convenience and flexibility. If you’re unsure, renting may be a good starting point to help you figure out what size and style work best for you before deciding whether owning a trailer is the right long-term investment.  

If renting a trailer makes the most sense for your needs, U-Haul offers a range of trailer sizes to help you get the job done. Get a quote and find the right trailer.