Best time to buy a Shipping Container? 4 Things to Consider (2024)

  • December 19, 2023

Near the end of the year, many people decide whether to buy more equipment or wait for prices to go down next year. If you have been undecided about whether to buy a container now or to wait a while longer, we wanted to share 4 reasons why we believe now is the best time to buy a container. Our goal is to get you the best box for the best price, and we believe now is an excellent time to purchase.

Table of Contents

Containers Hold their Value Well

Containers are known for holding their value exceptionally well. Investing in a container now not only provides a practical solution for your storage needs but also serves as a long-term asset that retains its value. If you take care of it, the container you buy today may be worth the same price years from now. Because they are built so tough and they are so useful, containers often hold their value. Additionally, when used for storage and not subjected to the wear and tear of ocean travel, your shipping container should continue to look good and function well for years to come. Many of our customers choose to buy a container rather than renting so that they can use it for as long as they would like and then resell it later on.Best time to buy a Shipping Container? 4 Things to Consider (1)

Now is the Lowest Price to Buy a Shipping Container

Container prices fluctuate in large part based on the cost of steel and the price of transportation across the ocean. After 25 years in the container industry, we have seen the prices for a new container fluctuate by several thousand dollars. As of December 2023, we have noticed prices trending towards the lowest price we have seen in several years, and we have been told by the manufacturing companies and shipping lines to expect prices to increase in 2024. After conducting thorough research and consulting with industry leaders, we believe that the price of containers will be increasing in the near future. We anticipate container prices to increase by 5-10% or more in 2024 because the two main factors that offset container prices are: cost of steel and flow of goods internationally. Our commitment to providing you with the best value remains our goal, and we are confident that now is an excellent time to make a purchase.

Take advantage of Section 179 Tax Deductions

Section 179 of the US Tax code allows small businesses the opportunity to write off up to 100% of the cost of eligible assets within the first year of operational use. The Section 179 Tax Deduction can be used for significant purchases such as real estate, machinery, or equipment. Of course, we’re in the storage industry and not the tax consultant field, so you will need to confirm your tax strategy and deductions with a professional. We do see many people choose to buy one or more containers at the end of the year to help take advantage of Section 179 deductions and to provide convenient storage space for their business.

Good Supply of Containers to Choose From

The busiest summer months are behind us and we’ve had a chance to restock our inventory.We have a great selection of New 20’s and Used 40’s for you to choose from. Two sizes in particular that are best priced are:

  • New 20 foot Containers
  • Used 40 foot High Cube Containers

In contrast,sizesthat are not as good of a price at this time are used20 foot Containers.There may still be some deals to be had, but the containers themselves are in a little rougher condition and the price is not as good of a value compared to buying aNew 20 foot Container. We always recommend visiting one of our locations to choose and inspect your own container, or have us send photos or videos of the container you are interested in buying.To explore our current offerings and discuss how we can assist you, please feel free to reach out to ourCustomer Service teamat any ofour locations.We’re here to answer any questions you may have and guide you through the process.Best time to buy a Shipping Container? 4 Things to Consider (2)

Why choose Get Simple Box to buy a Container

  1. Local, Professional, and Kind. AtGet Simple Box, we take pride in being a local, professional, and kind choice for all your shipping and storage container needs. Being a local company means we understand the unique needs of our community, and we’re always ready to go the extra mile for our neighbors. Our team of professionals is dedicated to providing the best service with a smile. We believe in kindness not just as a virtue but as a business principle, ensuring that every interaction with us leaves you feeling valued and supported.
  2. Opportunity to choose and inspect your own Container at our yard. Why settle for a one-size-fits-all solution when you can have the perfect container for your needs? At Get Simple Box, we give you the unique opportunity to choose and inspect your own container at our yard. We understand that each customer has specific requirements, so we invite you to approach in selecting the container that suits you best. Our yard is your showroom, and our team is here to assist you in finding the ideal container to meet your shipping or storage needs.
  3. We do our own deliveries – storage when you need, delivered where you need it. When you choose Get Simple Box, you’re not just getting a container; you’re getting ahassle-free experience. We take care of the entire process, from storage to delivery. Need a container stored for a while? No problem. We’ve got you covered.When it’s time for delivery, we handle that too, when you need it, where you need it. Our dedicated team ensures that your container is delivered right to your doorstep or any location you specify. With Get Simple Box, you can trust us to be your reliable partner, providing convenient solutions tailored to your schedule and preferences.

Merry Christmas and Happy New Years from the team here atGet Simple Box.

If you’re thinking of buying a container at the end of the year, we’d love to help you.Reach us today, or click to get a Quote.

Merry Christmas and Happy New Years from the team here at Get Simple Box.

If you’re thinking of buying a container at the end of the year, we’d love to help you. Reach us today, or click to get a Quote.

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