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Can You Make Money from Old Propane Tanks?

Old and Rusty Propane Tanks

Most people are unaware that they can actually receive money for returning propane tanks. That’s right, if you have some extra tanks lying around, you can take them back to the store and get a refund. However, there are a few things to consider. First, you need to find a store that accepts returns. Second, the tanks must be clean and empty. Lastly, the refund amount may vary depending on the store’s policy. But if you’re looking to get rid of unwanted propane tanks, returning them for money is an excellent choice. So, the next time you visit the store, make sure to inquire about their return policy.

Who Can Buy Propane Tanks?

Recycling Companies:

If you have old propane tanks that you want to dispose of, consider reaching out to a recycling company. Many recycling companies buy propane tanks and recycle them properly. This not only helps you get rid of unwanted tanks but also contributes to environmental preservation. Remember to ask about their recycling process before choosing a recycling company. Some companies recycle only the metal from the tank while others recycle the entire tank. Regardless, recycling your propane tanks is an effective way to reduce waste and support the environment.

Gas Companies:

Thinking of upgrading your propane tank or no longer using an old one? Gas companies might be interested in buying it from you. Many gas companies purchase propane tanks in good condition that can still be used. Specific requirements vary, so it’s crucial to inquire about them before making the sale. The gas company will usually inspect the tank for any damage and refill it before reselling it to another customer. Selling your old propane tank to a gas company doesn’t just help you get rid of it, but it also benefits someone else in the process while ensuring the tank’s safe use.

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Local Scrapyards:

For a great deal on old propane tanks, consider visiting your local scrapyard. Scrapyards accept various metal objects for recycling, including propane tanks. Selling your propane tank to a scrapyard provides an opportunity for it to be reused and recycled. The value of the tank will depend on its size and condition, with larger and better-conditioned tanks fetching higher prices. Even if your tank is small or not in the best condition, you can still earn a few dollars by selling it to a scrapyard. Perform a quick online search to find your nearest scrapyard, contact them, and see if they are interested in buying your old propane tank.

You Can Sell Propane Tanks on eBay

Selling old propane tanks on eBay is another option to consider. It offers a convenient way to get rid of tanks you no longer need while potentially earning some extra money. Here are some tips for selling your propane tank on eBay:

  • Take clear pictures of the tank, showcasing its condition.
  • Write a detailed description that includes information about the size, capacity, and condition of the tank.
  • Price the tank competitively by checking out similar listings on eBay.
  • Ensure safe shipping by securely packing the tank and using a shipping service equipped to handle hazardous materials.

How Much Can You Sell Old Propane Tanks For?

If you’re curious about the selling price of old propane tanks, it depends on several factors. The size of the tank and the current market value for propane play significant roles. A smaller 5-gallon tank can sell for as low as $20, while a larger 100-gallon tank could fetch up to $200. The current market value of propane hovers around $2 per gallon. For instance, a half-full 100-gallon tank would be priced at $100. Other considerations include properly purging and cleaning the tank before selling it and complying with local laws and regulations, which may require a permit for selling or transporting propane tanks.

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In conclusion, you can potentially earn some money from your old propane tanks, although the amount will vary. Factors such as the tank’s size, condition, and where you choose to sell it will all influence its value. Regardless, it’s worth exploring if you have an old propane tank that you no longer need. So, check for potential buyers and see if you can turn your unwanted tank into cash.

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