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How Much Does An Average Train Car Cost?

Today, the typical freight railcar is in the $100,000 to $150,000 range. Overall, there are six basic freight railcar types. But within each railcar type, there are multiple specific design factors. The design options impact each railcar's capital cost.

Can I own a railcar?

Leasing and owning railcars is a serious legal and financial commitment. Enforcement of terms tends to favor the lessor – which may be a bank, a third-party or the railcar manufacturer. Storing excess railcars when there is a downturn in the nation's economy can be expensive as well.

Commentary: The complexity of owning or leasing freight cars

How much does a train box car cost?

Boxcars cost $135,000 each, and they have higher dwell times and lower turns than much more profitable unit trains—large trains with similar equipment that go point to point without stopping.

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How much does a train passenger car cost?

According to the AAPRCO, you can expect to pay $25,000 or more for a sleeper, $85,000 for a dome car. The refurbishing of such cars can run another $150,000 to $500,000 and way, way more if you choose to upgrade it beyond its original state.

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How much does it cost to buy an old train car?

Typical prices for steel-bodied boxcars and cabooses run between $2,000 and $4,000. Wooden cars, when they can be found, are generally cheaper.

Life Aboard Your Own Caboose: How to Buy a Train Car