Reselling a Second-Hand Container: What It's Worth Later

One of the best things about buying a container is that it keeps much of its value. Unlike most equipment, a container that's been looked after can usually be sold for a good share of what you paid, sometimes years later.

Here's what affects a used container's resale value and how to sell one when you no longer need it. If you're buying a second hand shipping container for sale now, these tips also help you choose one that will resell well.

Why containers hold their value

• Steady demand: people always need secure storage
• Durability: a well-kept container still works after many years
• Standard sizes: buyers know exactly what they're getting
• Moveable: a container can be sold anywhere a truck can reach

What affects resale value

Condition

The biggest factor. A container with a sound roof, solid floor, working doors and no holes sells easily. One with leaks, rust-through or a soft floor sells for much less.

Grade

If it still meets wind and watertight or cargo-worthy standards, say so. Buyers pay more for a grade they can rely on.

Size and type

20ft and 40ft standard and high cube containers are the easiest to sell. Specialty types sell to a smaller group of buyers.

Age

Younger containers usually sell for more within the same condition, but condition still matters more.

Modifications

Simple, useful modifications, such as a lock box, vents or shelving, can add appeal. Highly specific builds, like a fitted office with your layout, may suit fewer buyers.

Location and access

Containers on easy-to-reach sites, near towns, are easier for buyers to collect. If the buyer has to pay for a difficult pickup, they'll offer less.

The market

When new containers are expensive or used stock is scarce, resale prices rise.

How to keep resale value high

• Set the container on a level base, off the ground
• Keep the roof clear of standing water
• Touch up rust and scratches every year
• Replace door seals when they harden
• Avoid cutting holes you don't need
• Keep your paperwork and photos from the day it arrived

Preparing to sell

1. Empty and clean it, inside and out.
2. Fix small issues: grease the locking bars, replace a torn gasket, patch a small hole.
3. Take good photos: all four sides, the roof, the interior with doors open and closed, the floor, the door seals and the CSC plate.
4. Gather paperwork: your original invoice or bill of sale, unit number and any certificates.

Pricing your container

• Look at what similar containers sell for locally: same size, height, condition and grade.
• Remember that buyers will add the cost of moving it to their price.
• Price honestly for its condition. Overpricing a worn container just slows the sale.

Where to sell

• Local classifieds and online marketplaces
• Contractors, farmers and businesses in your area
• Container dealers, some of which buy used containers
• Word of mouth

Handing it over

• Agree who arranges and pays for transport. Usually the buyer does.
• Make sure the truck can reach it and the container is empty.
• Write a bill of sale with the date, both parties' details, the unit number, the condition and the price.
• Get paid before it leaves, by a method you trust.

Buying with resale in mind

If you might sell later, buy a standard size and type in a sound grade, keep modifications simple, and look after it.

A sample listing

A clear, honest listing sells a container faster. For example:

20ft standard shipping container for sale. Wind and watertight, no holes. Doors open and close smoothly with good seals. Solid floor. Manufactured 2014 (CSC plate photo attached). Lock box fitted. Located in Wyandanch, NY, on a level gravel pad with easy truck access. Buyer arranges collection. Photos of all sides, roof, interior and floor attached.

Include the size, condition, age, location, access and who handles transport, plus plenty of photos.

FAQ

Do shipping containers hold their value?

Yes, better than most equipment, if they're looked after. A well-kept container can resell for a good share of its purchase price.

What size container is easiest to resell?

20ft and 40ft standard and high cube containers have the most buyers.

Who pays to move a container when it's sold?

Usually the buyer, but agree it in advance.

Do I need paperwork to sell a container?

It helps. A bill of sale with the unit number, plus your original purchase records, reassures buyers.

Is it better to sell a container empty?

Yes. Buyers want to inspect the inside, and an empty container is safer and easier to transport.

Should I repaint a container before selling it?

A fresh coat can help if the paint is badly worn, but it's rarely worth it for a container in fair condition. Fixing leaks, seals and doors matters more to buyers.