How Much Does a 20ft Shipping Container Cost?
“How much does a 20ft container cost” is one of the most commonly searched terms today among shippers and recipients alike. The truth is, there’s no definite answer to this question because there are many factors which contribute to the cost of a shipping container, such as the age and condition of the container, the cost of transportation to deliver it and whether you have leased or bought it – in case of the former, the lease length must be accounted for as well.
However, that doesn’t mean that we can’t give you an idea – this article serves as a general overview on “How much does a 20 foot container cost?”
Understanding the cost of new shipping containers
It’s important to keep in mind that container prices can vary depending on the location. In general, a new 20ft dry container can be purchased from anywhere between $1,500 and $3,500, while a new 40ft dry container typically costs between $2,500 and $4,500. If you’re interested in a new 40ft high cube (HC) container, expect to pay roughly $2,500 to $6,000.
However, these values are largely based on averages and estimates, as trends change and container shortages do occur, not to mention the volatile global economic climate we’re now witnessing – so, these can affect prices as well.
You should also factor in delivery costs if you are thinking about purchasing a shipping container, as haulage and shipping costs will also apply. The distance of the delivery may affect the overall cost, and also customs charges may be added if the container is delivered from one country to another.
Steel prices also fluctuate so that’s another factor which may impact the price. Luckily, steel is available at a reasonably low cost so containers are being made by the numbers!
How much does a used shipping container cost?
With the above out of the way, let’s discuss “How much does a used 20ft container cost”. A used shipping container can be a great way to save money if you are considering purchasing a shipping container. When purchasing a used shipping container there are many common terms used to describe the condition, which can help you decide the right container type for your cargo. These terms are:
- One-Trip Containers
- Cargo Worthy Containers
- Wind & Watertight Containers
- As-is Containers
One Trip Containers are as close to new as you can get with a used container. These containers have only taken one trip aboard a container ship, and typically have been manufactured in China before being shipped to their current location. These are the most expensive types of used shipping containers.
Cargo Worthy Containers are seaworthy shipping containers, meaning they are still strong and weather resistant enough to carry cargo on a container ship, but they may have wear and tear including dents, dings, or rust. A cargo worthy 20ft dry container can cost anywhere from $1,300 to $2,600.
Wind & Watertight Containers will not have any holes or defects that would allow wind or water to enter the unit, although they may not be seaworthy until further maintenance or inspections have taken place.
As-is Containers may have dents, rust or even holes in the exterior and are generally only suitable for storing items that are not affected by water or wind. As-is containers are the cheapest types of shipping containers you can find on the used market.
Cargostore prides itself in offering some of the most reasonable rates for 20ft containers. Get in touch with us now to learn more.
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