Where Can I Sell My Propane Tank? (Find Out Now!)

Selling an unwanted propane gas tank can be a sensible move for both businesses and homeowners alike. Owning a propane tank may be difficult for those without access to the proper resources, time, or expenses necessary for the tank’s maintenance. But, it’s essential to know where to sell your propane tank.

To sell a propane tank, many retailers offer services to buy or exchange–as well as transport–used propane tanks at great rates. Not only is it possible to sell a propane tank, but it also has the potential to be quite profitable. Finding a buyer for your used tank can be as simple as conducting an Internet search to locate propane exchange companies in your area.

Propane owners looking to dispose of an unwanted tank can reach out to local retailers and request an estimate.

It is wise for owners to provide tank maintenance records to ensure that they ask the buyer for a fair price. The price the buyer agrees to depends on several variables. These factors include varying propane prices, the frequency with which the tank needs refilling, and the size of the tank.

Once both parties decide upon a price, they can schedule the tank removal.

On the contrary, propane tank maintenance can be quite expensive and burdensome. Typically, homeowners have the option to either own their propane tank or rent from their energy supplier. Owning a tank means being responsible for its upkeep and regular inspections.

Owners are accountable for repairing any damages to the tank–such as corrosion or leaks. If the damage is particularly severe, owners may need to replace the tank altogether.

Homeowners who opt to rent are not liable for any damage to the tank. However, they are required to pay a monthly fee that is often quite hefty.

Ferrellgas’ propane tank buyback program is a great way to earn extra cash while disposing of an unwanted propane tank. With locations in 45 continental states, Ferrellgas has the resources to provide propane services for the majority of the country.

Their buyback program works by having owners drop off their unwanted tanks at one of their many participating locations. In exchange, they offer a $20 Amazon eGift card per tank. There is no limit to how many tanks they’ll accept or the number of gift cards you can redeem.

BLT Tanks offers nationwide pick-up services for old and used propane tanks. They will buy or trade your tank in order to rebuild it and sell it for profit. BLT Tanks serves as the liaison between sellers and a long list of buyers in the market for used tanks.

Potential sellers are asked to contact BLT with documents detailing the quality and condition of the tank. BLT also requires pictures of the tank taken from several angles. BLT will accept tanks ranging from 420 lbs. to 1,000 gallons.

Located in Michigan, Fischer Tanks provides service for commercial and residential propane tank owners in the continental US and Canada. Fischer Tanks offers propane tank refurbishment and manufacturing, as well as a service that evaluates and buys unwanted tanks.

Those looking to exchange tanks have the option to trade-in-credit on their purchase of new or refurbished tanks. Fischer Tanks will also transport the tank from your property, making the process especially convenient and hassle-free.

Some retailers will offer a flat rate for buying an unwanted propane tank. This flat rate is typical for tanks that are portable and smaller in size. Other buyers will compensate sellers for their large, unwanted propane tanks at an agreed-upon price.

Their estimate of the tank’s value is dependent on the volume and dimension of the tank. Most sources agree that potential sellers can expect an approximate price of $20 or more for portable tanks. Larger tanks typically go for a minimum price of $5 dollars per yard.

Related Questions

Are there other ways to dispose of a propane tank?

Unlike some appliances, you should never dispose of propane tanks should never be disposed of with household garbage. Discarding a propane tank alongside residential trash collection can pose a severe fire hazard. Propane tanks that you cannot refurbish or sell may be eligible for recycling. Local services, such as hazardous waste disposal sites or public works departments offer assistance in disposing of unwanted tanks. 

How do I properly store a propane tank outdoors?

While it is safe to store a propane tank outdoors, it is optimal to keep it at a distance from your home. You should store tanks on a hard, even surface and can leave them either covered or uncovered. Furthermore, you can store propane tanks outdoors in cold and warm months alike. In hot weather, keep tanks in the shade to limit their exposure to direct sunlight for long periods of time. 

How do I properly store a propane tank indoors?

It’s not ideal for you to store propane tanks indoors. However, if you must, for safety purposes, never store them in your living space. Instead, keep them in a detached garage or shed. The tank should remain on a solid surface and sit away from any flammable or combustible materials.