Shipping Container Prices – Factors Influencing The Rates

Whenever you are committing to purchase or even rent specified storage container, there are certain factors to keep in mind. These considerations will help you to select right shipping container for the best price. Some of the factors that will help you to examine the right price will be size of the container, age, conditions, modifications, vendor and location.

So, understanding the factors, which will focus on the shipping container prices, will always help you to not just pre-set a budget plan but to make the right choice in the end.

Exploring the size of the container:

There are various elements that will have greatest impact on the prices associated with shipping containers. The first of them will be the size of the container.

  • It is true that the storage containers will be around 20 to 40 feet in length.
  • The typical 40 feet container will carry around 20% to 30% of the higher price tag when compared to the 20 feet long container.
  • Some of the reputed centers are presenting storage and shipping container sizes. Some of those are 45 feet, 40 feet with side door, 40 feet with high cube, 40 feet, 20 feet and 53 feet dry van.

Moreover, if you want, you can select from the standard shipping containers or even the high cube ones. Be sure to check out the entire inventory for the options before you miss out any of the point.

Condition of the shipping container:

You have the liberty to purchase shipping and the cargo containers in either new version or the old and used ones. The one-use or the new container will be the typical expensive one and those options will be priced between $6000 and $8000.

  • On the other hand, you have the used shipping container, where the ranges will be between $3500 and $5000. However, the rates are subject to vary quite a lot.
  • The container’s price will also vary based on the raw material’s cost used for making the same.
  • Most of the manufacturers will be making cargo, shipping or storage containers from using top-class corrugated steel.
  • When the steel’s rates get lower, the new storage containers will turn out to be cheaper.
  • But, the rising cost of the steel along with increase the demand for these containers ensures that the new prices are often the double of the used containers.
  • On the other hand, if you don’t want to purchase a new container or don’t have the money for that, you can always rent a container as a result.

Make sure to consider its physical state:

While you are inspecting used shipping container to purchase, make sure to determine its current physical state first. If the container is retired, it will be assigned a grade marked with specified label. For that, you need to gather in case the used container will match your needs or not. But, the customers will prefer new containers when it comes to sensitive or international cargo. Focus on these points before finalizing on the rates.

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