Based on the cost to rent the tank, approx 60 per year, and the cost of a new tank (approx 1000) I calculated that the ROI would be greater than 15 years - given that I may sell the place during that time it would be a very hard to justify me buying a tank. Its far cheaper to rent, also I discovered after the fact that if I buy a certain amount of propane per year the company waives the rental fee. If I decide to get a new supplier then they remove their tank and the new company sets a new one. If it's not my tank I dont worry about the age etc. In any case the larger tanks (500 plus gal etc) do not age-out unlike the 20lb tanks that have to be re-certified. If they look OK / not leaking etc they will be in service forever.

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