Yeehaw! Deep Deals is back today after a prospectin’ trek out to to the Wild West: Phoenix, AZ. And yessirree did we bring back some desert roses. We’ve found two of the best deals on 5×5 self-storage units in Phoenix–two different types of deals, each of which will work better for different customers depending on their situations. The first deal targets short-term customers and offers a lower price over the long term as well. The second deal targets mid-term customers–it’s a smaller target in terms of time, but not quantity of customers, as many people rent storage for more than just a month-or-two but less than a year.
Our first deal comes from Central Self Storage in Dunlap, just off N 43rd Ave. 5×5 units are running for the very low price of $26/mo, but that’s not the kicker: the real deal is that the first month is totally free. That’s right: 1 month = 0 dinero, señor(a/ita). That’s the kind of deal you hop into a covered wagon and ride off west for, I’ll tell you that.
Our second facility, CubeSmart Self Storage Mesa (just off South Country Club Drive), is offering 5×5 storage units for $29.75– %15-off their typical price. But don’t think that our second facility rode into this deal-driven-duel without packing any heat. CubeSmart is also offering 1/2-off for the first three months. No wonder it’s so hot in Arizona.
So which is the deal for you: CubeSmart Mesa or Central Self Storage Dunlop? Don’t worry–we’ve done all the math so that you don’t have to.
Clicking on the graph will show a larger view.
As we can see, anyone hoping to stay for two months would do best at Central Self Storage, where they’d only be paying $26 since that first month was free (we’re pretty sure that Central’s deal of a free month is not available if you only stay for one month, but neither would CubeSmart’s deal, so with its lower monthly price you’d probably be best paying $26 at Central for one month’s stay). Two months at CubeSmart will cost you $29.75.
Things change in the third month (December in our graph). That’s when Central’s deal is over but CubeSmart’s begins to pull ahead. CubeSmart will be $7.38 cheaper than Central in the third month, $3.93 cheaper in the fourth, and 18 cents cheaper in the fifth. This means that anyone hoping to rent a storage unit for three-to-five months–and this would be a lot of you, as that’s a very typical period of time to stay–would do best to go with CubeSmart.
But we’re still not finished! In the sixth month the effects of CubeSmart’s three-month deal begin to fade and Central’s lower price catches back up. After six months Central will cost $130 to CubeSmart’s $133.57, after seven months $156 to $163.32, after eight months $182 to $193.07, and so on indefinitely. So for anyone hoping to rent a storage unit for six months or more should go with Central Self Storage Dunlop.
In the end, exercises like these only demonstrate that getting the best deal is all about doing your research and planning ahead. So pull out your calendars, folks.