Here are just a few facts about buying and owning your own tank.
1.When propane companies get rid of tanks they are more often than not, no longer fit for service.
2.Given the price trends in steel over the past few years’s propane companies make more money selling scrap tanks to scrap dealers rather than individuals.
3.Many propane companies will not sell used tanks at all, based on liability issues.
4.Farm sales and auctions tend to produce the quality used tanks.
5.Make sure that ALL information on the tank data plate is legible, especially the tank serial number, date of manufacture, and manufacturer name.
6.Always request a bill of sale that includes contact information for the seller as well as a complete description of the tank to include tank size and serial number.
7.Always try to find a tank that has been stored under pressure (stored with a small amount of propane or propane vapor pressure.)
Owning your own tank can be very beneficial from the stand point of what you pay for your gas, but I will tell you just a few of the bad things that I have seen happen.
People have bought tanks from shady characters only to lose them in court when the rightful owner shows up with the original bill of sale for the tank.
People have bought tanks that are rusted out on the inside, only to have them develop leaks shortly after being put into service.
People have bought tanks that have bad valves only to find themselves putting as much as 400 dollars into revalving a tank.
I could go on, and on but the point is make sure you educate yourself, and make sure you don’t get ripped off. Feel free to email me if you have specific questions.
Edit: For the people that don’t understand the concept of owning your own tank.
Yes, the majority of tanks are owned by the servicing company, and the customer is at the mercy of that particular company when it comes to price.
People that own there own tanks are not at the mercy of any particular propane company, when they need fuel they can shop around for the best price.
Informed and educated consumers understand that propane pricing can very greatly from one supplier to another.
Disadvantages may be the fact that the customer is responsible for the cost of equipment repairs, but the savings can far out weigh this expense depending on the amount of propane you buy each year.
2007-01-28 15:12:29
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answer #1
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answered by lpgnh3 4
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Used Propane Tanks
2016-10-05 11:07:41
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answer #2
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answered by ? 4
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This Site Might Help You.
RE:
where can i buy a used propane 500 gallon tank?
2015-08-18 15:33:29
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answer #3
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answered by Towny 1
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In NJ if you have good credit they "give" you the tank. (Obviously if its no longer where they parked it, you bought it.) Then, if it rusts over time, they replace it. Same as when it comes to the point where by law it must be hydrostatically tested, they replace it. Some company's require a modest deposit for the same setup. This might be better than outright ownership in the long haul. (Maybe where you live rust ins't a problem for instance.)
2007-01-28 14:02:43
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answer #4
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answered by KirksWorld 5
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lots of times you can get them from propane company when they are getting new ones in. make sure you get the title for it!!! yes these are suppose to come with a title.
2007-01-28 13:50:43
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answer #5
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answered by jrtoyboy 3
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I have a couple of extra ones in west Texas. If you're too far away check the local thrift magazines and farm sales.
2007-01-28 13:41:45
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answer #6
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answered by J P 7
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These are almost always leased out when you buy the gas. The company is responsible for them this way. Why would you want to "buy" the tank?
2007-01-28 19:44:25
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answer #7
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answered by cowboydoc 7
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