Used Propane Tank Prices

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RJP Electric

Member
Hearth Supporter
Jul 3, 2008
113
N. New Hampshire
I was quoted $1.00 a pound from my local propane company, they say that is what is worth for scrap. $620.00 for a 325 gallon tank. That is outrageous, I was hoping to spend a couple hundred bucks for taking one off there hands. The search continues.

Rob
 
We are seeing higher prices here too. I think it was about $870 for a 500 gal. But here is the kicker. The one vendor I found that is willing to see used doesn't have the 500 in stock. They said they will call when they get one. I really don't want to have to buy two smaller ones...
 
Rob,

Scrap steel is currently fetching $10.00 per hundred around here. I have never seen it above $14.00 per hundred. At $10.00 per hundred that 325 gallon tank your looking at would have to weigh more than three tons to be worth $620.00 for scrap. In other words scrap steel is only worth 10 cents per pound not a dollar per pound. If your tank weighs 620 pounds, which would be more realistic, it would be worth about $62.00 for scrap.

Ron
 
I paid $800, delivered price, for a 1000 gal last March.
 
I paid $400.00 delivered for my 1500 gallon tank. It's a boiler condesate tank from an old paper mill. I bought mine from the local scrapy. Try calling around to the local scrap metal haulers. They would rather sell you a tank whole because they usally have to cut them up in peices before the scrap metal yards will take them.
 

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I paid $200 delivered for 1000 gallon tank last month. It doesn't have a tag is why it was taken out of service. That won't matter much for only 30# pressure max.
 
I paid around $250 for my 500 gallon tank. He dealt with scrap steel and said he was giving it to me for scrap prices. Who knows...... It weighed a little over a thousand pounds when I went over the scale. I know it was heavy when I was moving it. Good Luck

Seyiwmz
 
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