Many businesses compare renting and buying a container. Each option serves a different purpose and suits different timelines. However, buying a container delivers stronger long-term value from the start.
Lion also offers something unique: a guaranteed buy-back scheme. This gives buyers certainty on future value and removes the risk often linked with ownership. No rental agreement can match this level of return.
Before you make a decision on your container project, ask yourself the following questions:
Why Is Buying a Container Better Than Renting?
Buying a container gives you ownership from day one. You avoid ongoing rental fees and gain an asset with resale value.
Hiring looks cheaper at first. However, rental costs increase over time making long projects far more expensive.
If you no longer need your container, Lion will buy it back at a guaranteed future value.
But What Do I Do with the Container Once the Project Is Done?
Reuse it. At Lion, we have seen so many clients realise that the container they’d intended to keep for the duration of just one project, has become a unit they cannot operate without. Whether it be for a future project or ongoing use, the chances that you will want to keep your container are high.
Repurpose it. The container is yours, so you are free to adapt it further to suit your latest requirements. Our conversions experts at Lion are, of course, on hand to provide insight and recommendations.
Resell it. A shipping container is an asset which upholds its value remarkably well. Selling the container can be a profitable option, especially if it has undergone conversion work or adaptations. Lion will buy back your container at a guaranteed future value.
If I Hire a Container, Will I Ever Own It?
No. Renting never leads to ownership. You pay monthly fees, but you build no asset. Once the rental ends, the container returns to the hire company. Your investment stops there. Therefore, renting offers no long-term value.
Can I Buy a Container at the End of a Rental Agreement?
Some hire companies allow this. However, they charge full market value at the end. By then, you have already paid months, or even years of rental fees. This approach costs more overall. Buying a container upfront always proves more cost-effective long term.
Does Modifying a Container Affect Its Future Value?
Yes, smart modifications increase value. Lining, insulation and internal fit outs improve usability. These upgrades often appreciate value. Buying a container and adding the right upgrades strengthens long-term returns.
What Is the Typical Buy-Back Value?
Lion typically buys containers back at around 60% of the purchase price.
This figure stays high for one reason – Lion only supplies top-quality containers and maintains strong build standards.
Summary
Hiring may suit quick fixes and short-term needs. However, buying a container offers control, flexibility, guaranteed quality and long-term value.
If you are unsure about what might suit your business best, speak to our team today for a free consultation.
FAQs: Hiring vs Buying a Container
Is buying a container better than hiring?
Yes. Buying a container avoids ongoing hire costs and creates long-term value.
What condition do purchased containers arrive in?
Most projects use one trip containers. These arrive in near-new condition.
Can I modify a container I buy?
Yes. Buying a container allows full modifications, including doors, electrics and insulation.
Can I move or resell a container later?
Yes. Buying a container gives you an asset you can relocate, repurpose or resell.
