When you're ready to get a portable storage container, you have three options:
- Purchase: If you will use the container for years and can afford it,
buying is usually the best option. Plus, if you no longer need them, storage containers
depreciate slowly so you can resell them without losing much value.
- Rent: This is the most affordable option for a few days or weeks at a
time. Renting allows you to deduct the fees from your taxes, but can get expensive if you
keep the unit longer than expected.
- Lease to own: A good choice when you'll need the container long-term
but don't have the cash up front. It allows you to spread costs over a period of time and
then purchase the container with a final nominal payment. However, you'll have paid considerably
more than the purchase price because of the interest.
Before you purchase containers, consider how quickly you need them. Some vendors may offer
same-day delivery on containers they have in stock. More often, they'll deliver your container
in one to three days. Keep in mind that adding features will take longer – and cost more. See what other BuyerZone users paid for
storage containers and special features.
Transport fees
Shipping costs will depend on distance and total weight and can add considerably to your total expenses.
Expect to pay between $80 and $500 for delivery, depending on the distance. Vendors may require a minimum
shipping fee regardless of distance, and may have a maximum of 250 miles.
New containers
You can find a basic 20' storage container for $1,000 to $4,000 or more. If you need to buy two or more
containers, many vendors will knock a few dollars off the price and lower your transport costs. Vendors
charge an hourly rate of $50 to $150 for customizing your container, plus the cost of materials. You
could pay hundreds of dollars for basic add-ons like shelving or ramps, up to thousands of dollars to
convert containers into office space.
Despite having almost three times as much storage space, 40' storage containers and 40' high cubes
aren't much more expensive than 20' models. You can find 40' containers for about $1,400 to $5,400;
high cubes are priced from $1,400 to $5,800.
Used storage containers
While new storage containers can cost several thousand dollars, the pricing is more palatable for
used storage containers. Vendors buy used units, fix them up, replace any broken parts, ensure
they're water tight, and apply a fresh coat of paint. The containers look as good as new, and you
pay about 30% to 50% less for a used storage container than you would for a new one.
Expect to pay anywhere from $800 to $3,500 for a used container. Lower end units might include
"as is" containers with few add-ons and no guarantees against water or fire damage. At the high end,
the containers are fully reconditioned and feature all the functionality of a brand new model. The
higher price may include the vendor's cost of acquisition, trucking expenses, and repair and sealant costs.
Leasing and rentals
The average lease runs for 18-24 months. Monthly payments range from $75 to $150 depending on the
condition and age of the container. When leasing, many vendors offer lower monthly rates for longer
lease periods. Short-term rentals cost $3 to $8 per day, and you're not tied down to a specific length
term. However, if you plan to rent for several months, it is usually cheaper to work out a lease.
Whether leasing or renting, you're also responsible for delivery and pickup charges.