Are you considering a large clean-out or taking on renovations? If so, renting a dumpster may be a wise financial investment. Of course, like any investment you make, dumpster rental prices will dictate how much you can spend on this important resource.
If you’re considering renting a dumpster, there are a few factors that will determine the total costs you pay. Read on below to learn five key factors that will affect the total cost so you can plan accordingly.
1. Know What Size You Need
One of the most costly mistakes made when considering a dumpster rental is choosing the wrong size.
Dumpster rental sizes range from 10 yards to 40 yards. Often, when reaching out to dumpster rental services, many people will choose a dumpster smaller than what they actually need. When this happens, you’ll pay more for an extra dumpster.
Before estimating the cost of renting a dumpster, take the amount of trash and debris you’ll be tossing out into consideration. This will help you decide which size is best suited for your situation and avoid additional costs for more dumpsters.
2. Why Do You Need a Dumpster?
This is one of the most important questions you should ask yourself before renting a dumpster. The type of materials being disposed of often determines the average cost of renting a dumpster.
Recycling materials is far less expensive than taking them to the landfill. If you are disposing of construction materials such as concrete or shingles, you may pay less money in the long run.
Keep in mind, however, that some materials aren’t allowed in a rented dumpster. If you put these types of materials inside you may be charged additional fees and lose your ability to rent in the future.
3. Keep Local Costs in Mind
Landfill fees are different in each area. This will factor into the rates you’ll pay when renting a dumpster.
No matter which rental company you choose, they will know local fees and requirements. These costs will be factored in to ensure all charges are covered. If you experience a price higher than expected, it could have something to do with your local landfill.
4. Going Over the Weight Limit May Cost You More
Most dumpster rental services factor weight into their pricing. This covers you for most of the trash or debris you may load. Unfortunately, if you happen to go over, you’ll be responsible for the additional costs.
5. Time Helps Determine Dumpster Rental Prices
As you may have guessed, how long you need a dumpster plays into how much you’ll pay.
Rental companies often charge by the week. If you need a dumpster for a longer period of time, expect to pay overages. When a short-term rental is needed, you may find a company willing to offer discounts for shorter time periods.
Financially Prepare for Your Rental Costs
Preparing financially for upcoming dumpster rental prices is great for keeping yourself on budget. This will allow you to get the job done without destroying your bank account.
If you’re looking for more tips on managing your personal finances, check out our blog to learn more tips and tricks.