Are you ready for some D-to-the-EALS?
Deep Deals is back this week with some dangerously deep discounts on 5×10 Boston storage units. And man am I talking deep, Boston Harbor deep. Everyone knows that Bostonians can’t do without their deals: last time someone gave them a raw one–the British–they turned their harbor into a dirty teacup, rebelled against His Majesty, and started their own country. They needed a better deal on tea, and those are the kinds of deals I’ve got for you today. Deals worthy of sticking it to the King. Deals to start your own country for (Selfstoragia? The USS–United States of Storage? Storagepore? The Storagepean Union? OK, I’ll stop, but you get the point).
So let’s get started: the first deal we’ll be looking at today comes from Salem Self Storage, where 5×10 units are on offer for $64.95, the lowest price in all of Boston.
With deals like these, they ought to be tried for witchcraft.
Salem’s offer is the lowest monthly price in all of Boston and the first result for a search for 5×10 units on the SelfStorageDeals.com results list. But is first always best? Burlington Self Storage has a special offer that might change your mind.
$50 a month for three months–How do you like them apples?
The first three months for only $50 a month? $150 for three months? That’s a deep deal that would make the Founding Fathers proud. The kind of bargain that Paul Revere would ride through town to spread the word to the patriots of Boston (“The Deals are coming, the Deals are coming!”). But is it a better offer than Salem Self Storage’s?
Let’s find out:
One of the main purposes of our Deep Deals series is to illustrate the fact that there is a lot more to factor in when choosing a storage unit than just the monthly price. Most deals on storage units are of the temporal type–first month a dollar, second month free, three months half-off–and this changes everything. Those looking for the best bargain must plan ahead and compare their calendars to see how they match up with such deals. I purposely chose Salem Self Storage–which simply features a low monthly rate–and Burlington Self Storage–with its three-month special–not just because they were two excellent deals out of Boston, but because they illustrate my point: you’ve got to find the deal that’s best for you.
So which is it? As we can see in the graph, Burlington Self Storage is the best option for those planning on renting their storage space for three-to-four months (August to November in our example). That special deal of three months for just $50 simply makes it the more affordable option over this span of time: you’ll end up paying $150 instead of $194.85 at Salem. Even in the fourth month when the regular monthly price of $94 kicks back in Burlington is still the best choice, totaling $244 to Salem’s $259.80. Now of course, before you start shouting like a New Yorker caught in traffic, I know that this comes with one important stipulation: the first three months at Burlington must be prepaid to lock in that special $50 rate. So we’ll have to amend our graph a bit: anyone hoping to rent a unit for two months or less should still go with Salem, or else they’ll need to pay the regular rate of $94 a month at Burlington.
Now after five months things begin to change: Burlington’s special deal has now been over for two months and its relative effects have worn off. Salem’s steady low pace of $64.95 a month begins inching ahead of Burlington in the savings race. Yes, what we have here is a classic example of the Tortoise and the Hare– Burlington had all the speed up front but then wore itself out, while Salem keeps it slow and steady. After five months you’ll be paying a total of $324.75 at Salem versus $338 at Burlington, after four months $389.70 vs. $432, five months $454.65 vs. $526, and finally after six months you’ll be paying a full $100 less at Salem than at Burlington, $519.60 vs. $620.
The Bottom Line: Anyone looking to rent a space for three-to-four months would be best served by Burlington Self Storage, whose special rate of $50 for the first three months can save you up to $44–almost a full month’s rent–versus Salem Self Storage. This comes with the important stipulation that you must pay the $150 at move-in to lock in such a rate, so of course you’ll need to know your calendar beforehand. Anyone wanting to keep a unit for less than two or more than four months would be best served by Salem Self Storage, whose low, tortoise-like rate of $64.95 a month can save you up to $100 after six months.
So plan ahead and consult SelfStorageDeals.com to find the deal that best fits you around the great city of Boston.
Brian Shreckengast is a writer at Self Storage Deals.