It's been 5 years on my trailer. Two doors on it are completely rusted. But it still works. I paid $113 for it so I think I got my money's worth. I still use it but don't expect it to last long. I also have a padlock. Also, my trailer is parked next to the house at home, but I wanted to make sure I didn't run out of ideas. If it was in a public place I would have spent a lot more money for something better.