Shipping containers continue to gain in popularity for a variety of reasons. For business owners looking for additional storage or to open up shop, shipping containers are a trendy new option. You might be wondering how much does a used shipping container cost?
How Much Is a Shipping Container?
There are a variety of options when it comes to shipping containers creating a wide range in pricing. Generally speaking, the cost of used shipping containers will range anywhere from $1,400 to $6,000. To better determine pricing options, take a look at some of the different options you have.
There are two standard sizes for shipping containers. Before checking shipping container prices, you will want to determine what size best suits your needs.
89% of the production of shipping containers come in two standard sizes, which are:
- 20-foot: 20’ x 8’ x 8.5’
- 40-foot: 40 x 8’ x 8.5’
There are options for finding custom container sizes, but as you can imagine, this will cause the price to increase as these are rare to find.
The pricing for standard size used shipping containers are typically in the following ranges:
|Container Size||Price Range|
|20-foot shipping container cost||$1,200 to $2,500|
|40-foot shipping container cost||$2,600 to $3,300|
Some businesses have a demand for additional height in their storage containers. In these circumstances, you will want to look for a high-cube container, which will add an extra foot to your container’s height.
High-cube containers are available in both standard sizes:
- 20-foot: 20’ x 8’ x 9.5’
- 40-foot: 40’ x 8’ x 9.5’
Like the standard size containers, you can also find high-cube containers in custom sizes, but at a higher cost.
Any size outside of standard or high-cube container dimensions are considered untraditional. If you are looking for an untraditional size, you can anticipate paying 20-30% more than standard pricing.
When you are looking to purchase a shipping container, it is important to remember what purpose they originally served – transporting cargo overseas. As a result, they are known to take a heavy beating.
Generally speaking, the average shipping container should have a lifespan of around 15 years. Keep that in mind, when you are doing your research on containers and finding out the current age and condition.
There are essential factors regarding the age and condition of shipping containers you will want to find out about before purchasing:
Not only do you want to know how old the shipping container is, but more importantly, it’s also essential to see if you can find out how many times that particular container has been used to ship cargo. Knowing what the container has been used for in its history will help determine its longevity.
History of Repair
Much like any significant purchase you make, such as a car or home, you will want to find any shipping container’s repair history. Find out what was repaired, when it was fixed, and how frequently it has had repairs.
It may seem obvious, but you’ll want to be sure not to overlook any present damages the container has. Depending on the purposes you intend for the container, some damages might not be significant enough to deter you from purchasing.
Each element of age and condition are essential because you might find a newer container at a reasonable price, but it likely has been through a lot of damage and might still have some issues that you will need to tend to.
Here is a simple breakdown of the different conditions of shipping containers, what that means, and what you can expect to pay for it:
||$5,000 to $6,000|
||$3,000 to $5,000|
||$1,900 to $2,500|
||$1,500 and up|
||$1,500 and up|
||$1,000 and up|
Rent vs. Purchase
Many businesses look to rent shipping containers for a more comfortable, more affordable, and highly convenient option. You can opt to make smaller monthly payments through renting instead of paying the large lump sum upfront.
Another thing to consider is the disposal after the need for the shipping container has been depleted. If you only need a container temporarily, renting is an excellent option for you not to have to worry about what to do with it once you no longer need it. Typically, once the terms of your rental agreement have been completed, suppliers will pick them up from you directly.
Monthly rental periods for shipping containers are usually two years long, and the fees associated with it are as follows:
|Monthly rent||$75 to $200|
You will have two options in terms of purchasing a shipping container; buy it new or used. While buying a new shipping container will give you peace of mind in terms of longevity, there are plenty of used options out there that will meet your expectations more.
|Purchase used||$1,400 to $2,600|
|Purchase new||$3,000 to $5,000|
The price ranges vary based on the different aspects of the containers, and the more custom your order, the heftier the price tag you can expect to pay.
Rent to Own
The delivery fees associated with shipping containers varies on a few different features of the container itself. Generally speaking, the delivery fee for a standard shipping container is around $3,000.
You want to make sure to have all the information you possibly can before making a big purchase like a shipping container. Take a look at some of the frequently asked questions surrounding purchasing a used shipping container.
Can you buy shipping containers under $1,000?
While you can find shipping containers for less than $1,000, you want to make sure you know what you are getting yourself into with a price tag that low. If a shipping container is that inexpensive, it is likely to have many faults that may not be repairable.
How Much Does It Cost to Buy a 40-Foot Shipping Container?
A standard 40-foot shipping container, with dimensions 40’ x 8’ x 8.5’, costs anywhere from $2,600 to $3,300. If you are looking for a high-cube or untraditional size container, you can expect to pay 20-30% more than the standard pricing.
How Much Is a Shipping Container Home?
Containers make for great homes, with varying customizations. On the simpler container home range, you can anticipate paying $10,000 to $35,000. Larger homes that use various containers can be up to $175,000.
What Is the Lifespan of a Shipping Container?
If you purchase a brand new shipping container and put it immediately into storage, it could last nearly 50 years. More likely, you will be purchasing a used container that has already had a life at sea, carrying cargo.
A used container will still easily last you around 15 years, depending on your use and the environment you will be placing it in.
How Come 20-Foot Containers Can Cost More Than 40-Foot Containers?
If you compare two shipping containers of similar age and condition, with the only difference being one is 20 feet, and the other is 40 feet, you might find that the smaller is more expensive at times.
This price variation happens when demand exceeds supply in the local area. Usually, 40-foot containers are the most commonly used in cargo and can be easier to find.
If you wonder how much are shipping containers, you can answer that question by looking at the different aspects of what you are looking for. The price of containers can range drastically, but luckily there are other purchase options for you.
Regardless of whether you are looking to rent or purchase, be sure to look at all of your shipping container specifications. A shipping container is a big-ticket item to buy, so you must know what you are getting yourself into.