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Joined: Oct 2007
Posts: 5,468
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2007
Posts: 5,468 |
Is it better to own your tank or lease it? Seems several pros and cons.
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Joined: Nov 2018
Posts: 3,742
Campfire Tracker
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Campfire Tracker
Joined: Nov 2018
Posts: 3,742 |
Here it’s cheap to lease and when the gauge or valve goes bad it’s their problem. Edk
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Joined: Jan 2012
Posts: 955
Campfire Regular
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Campfire Regular
Joined: Jan 2012
Posts: 955 |
I don't know what they go for now, back on my first house we found a 500 gallon tank for $500. This allowed me to shop my sources for the gas to fill it, that was a long time ago and I'm sure that things are way higher now.
KC
You can easily vote your way in to Socialism; but you'll have to shoot your way out.
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Joined: Sep 2008
Posts: 4,502
Campfire Tracker
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Campfire Tracker
Joined: Sep 2008
Posts: 4,502 |
seems you can always buy propane cheaper when you own your tank
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Joined: Oct 2007
Posts: 5,468
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2007
Posts: 5,468 |
Yep, buying a property that currently has a leased tank. Now would be the time to switch.
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Joined: Jan 2012
Posts: 67,154 Likes: 35
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,154 Likes: 35 |
Around here if you lease, only the gas company that supplies the tank can sell you propane
If you own, you can shop for propane best prices
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Joined: Nov 2014
Posts: 1,401
Campfire Regular
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Campfire Regular
Joined: Nov 2014
Posts: 1,401 |
I’ll echo what ERK said. Our biggest complaint when we rented tanks is we could only go with the company that owned the tank. Not a huge downfall as we contracted gas for the winter. But saw some swings on .08 to .35 cents a gallon on different suppliers. Can add up if you use a lot of gas. But tank rent was $28 a year and they took care of everything from the tank to the lines in ground until It passed the regulator going in to house.
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Joined: Sep 2011
Posts: 60,913 Likes: 14
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,913 Likes: 14 |
I don't know what they go for now, back on my first house we found a 500 gallon tank for $500. This allowed me to shop my sources for the gas to fill it, that was a long time ago and I'm sure that things are way higher now.
KC Yes.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Jan 2012
Posts: 67,154 Likes: 35
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,154 Likes: 35 |
Gas companies know whose tank is whose by bonnet color
shop prices, paint your regulator bonnet that color LOL
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Joined: Feb 2009
Posts: 11,920
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
Posts: 11,920 |
If you have more than one company for gas just have them set one but if they are a few might save some money on price differentials.
Your tank you have to upkeep.
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Joined: Jan 2021
Posts: 5,569
Campfire Tracker
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Campfire Tracker
Joined: Jan 2021
Posts: 5,569 |
Owning allows for you shop around for the best deal. I'm my area propane can be a cutthroat business. Tell one company what the other is offering and they most always will lower their price to get the business.
ΜΟΛΩΝ ΛΑΒΕ
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Joined: Oct 2007
Posts: 5,468
Campfire Tracker
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OP
Campfire Tracker
Joined: Oct 2007
Posts: 5,468 |
Ferrel gas, in AR right now, Amerigas, Suburbangas as well in the area.
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Joined: Jan 2004
Posts: 11,388
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
Posts: 11,388 |
Bought a house a few years back that had a leased tank to power a 20kw generator. I tapped in to it for a gas stove. Used next to no propane for the 2 years we were there. Sold the house. 6 months later the propane company called my wife. Threatened they were going to come take the tank (at the house we had sold). The people that had bought the house were total a99holes in the buying process. Wife told the propane company “fine, come get your tank, we never signed any paperwork on it anyway” (and we hadn’t).
I’m still wondering if they came and took that tank from those a99holes.
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Joined: Jan 2004
Posts: 10,313 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
Posts: 10,313 Likes: 3 |
I don't know what they go for now, back on my first house we found a 500 gallon tank for $500. This allowed me to shop my sources for the gas to fill it, that was a long time ago and I'm sure that things are way higher now.
KC Around here you can find used tanks for about a buck a gallon. Probably be more economical to rent one, I just like owning the stuff I use.
Black Cows Matter!
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Joined: Aug 2009
Posts: 9,920 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2009
Posts: 9,920 Likes: 1 |
Owning gives you options, renting gives you service . Never had the we won't deliver like a few years ago
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Joined: Jan 2008
Posts: 5,175 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Jan 2008
Posts: 5,175 Likes: 1 |
I have a 1K and 500 gallon tank, only fill up once a year. Usually July or August whenever propane is the cheapest. Local guy likes us as we pay in full promptly, and he gives us the heads up when it is time to buy. Also gives 5 cent discount per gallon if we pay cash or check within 5 business days. His business is seven miles away the next one is about 30, he's beat everyone I've shopped an average of 10 cents a gallon over the last six years.
I like having two tanks, our next house will have two as well.
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Joined: Apr 2012
Posts: 819
Campfire Regular
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Campfire Regular
Joined: Apr 2012
Posts: 819 |
Own it and bury it so you don’t have to look at it every day. Shopping around for the lowest cost is another great benefit.
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Joined: Jan 2009
Posts: 1,859
Campfire Regular
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Campfire Regular
Joined: Jan 2009
Posts: 1,859 |
Either way avoid Amerigas is you can. They are an absolute nightmare to deal with. They’ve left my shop without gas several times this winter. In spite of the several days of lead time I gave them Letting them know it was getting low.
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Joined: Feb 2017
Posts: 744
Campfire Regular
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Campfire Regular
Joined: Feb 2017
Posts: 744 |
At my business I own the propane tank and shop around on a yearly basis for the best year deal . At my cabin I lease 500 gallon tank, as there is only one gas company available. I don’t really see a bigger befit either way. *shrugs*
"Know guns, no crime. No guns, know crime." - Ralph Lauretano
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Joined: Sep 2010
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2010
Posts: 31,428 |
Our place came with a leased tank, from the cheapest outfit around... Seems win win.
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