Cost of used Diesel/Gas Tank on Property?

blazingguns · #1 10/01/05, 02:26 PM

Just wondering if anyone knows what the cost of a used Gas Tank (diesel or regular gas) cost? I am talking about the ones that are around 250 gallons, it was on stands with a nozzle to fill gas, traded it for horse training lessons and then trainer never showed up, am I out alot of money on this? Had it for over 3 years, came with the house. Thanks!!!!

Gary in ohio · #2 10/01/05, 02:45 PM

Around here they have little value, I just sold one for $50 and took a year to find someone who would take it, THey go under $50 at auctions.

Now a days its more expensive than going to the pump, By the time you figure in delivery cost, your most likley paying more than pump price. At one time you could get offroad diesel but most states now make you pay full on-road price and then you have to fill out forms for off-road rebates.

Add on top that the EPA and insurnce issues its just not worth it. a pickup with a bed mounted fuel tank is much more economical and safe.

Oilpatch197 · #3 10/01/05, 03:48 PM

Quote:

Originally Posted by Gary in ohio

Add on top that the EPA and insurnce issues its just not worth it. a pickup with a bed mounted fuel tank is much more economical and safe.

I was looking at the "fuel transfer tanks" in the Northern Tools catalog.

is there a certain tank you recomend? I seen like tanks built right UNDER a truck tool box.

DaleK · #4 10/01/05, 07:03 PM

I don't know what the laws are in Missouri, but in a lot of places, the tanks on stands that used gravity which I think is what you're describing are illegal now. Fuel companies aren't allowed to fill them, so they're only worth scrap price.

WalterZ · #5 10/01/05, 09:02 PM

I saw some at an auction a couple of weeks ago, they sold for $15 each.

magdabauer · #6 10/02/05, 05:15 AM

talk to real estate agents - many times the buyers don't want the oil tanks that the former owners used to store their heating fuel. i'm picking up a 300-gal tank this afternoon (free)

Quint · #7 10/02/05, 06:35 AM

Quote:

Originally Posted by DaleK

I don't know what the laws are in Missouri, but in a lot of places, the tanks on stands that used gravity which I think is what you're describing are illegal now. Fuel companies aren't allowed to fill them, so they're only worth scrap price.

Do you know why? I'm curious.

rambler · #8 10/02/05, 12:08 PM

Quote:

Originally Posted by Quint

Do you know why? I'm curious.

Me too - no such issue here in Minnesota, and this state gets very busy-body about regulating folks....

Any fuel spills or underground tanks are _real_ problems here, can cost into the tens of thousands. And it won't be long before we all need containment structures - I'd _certainly_ put on under any new fuel tank on virgin ground. But, on a skid or on a stand, no issue?

--->Paul

TnAndy · #9 10/02/05, 12:41 PM

No problem filling them here in TN either. The Exxon dealer makes a regular route.....I just call them and they bring whatever you want. If you couldn't get them filled, a WHOLE lot of small businesses like the sawmill down the road would be out of business.

As the the "farm diesel".....they dye it red so you can't use in an road vehicle.....that's the case in every state I know of around here ( TN, VA, NC, SC ) because the DOT folks check for the dye....bigtime fine if they catch ya.

As to the value of the tank, I'd say not too much......I got a 180 gallon one I use for diesel from someone that was getting rid of their oil heat some years ago....and I got a 300 gallon one I use for gasoline from a neighbor that is a truck driver and was going to set it up for a home fueling storage when he came in off the road, but then changed his mind. It was brand new, and I gave him 50 bucks for it.....but there was no hose or nozzle....bought them at the farm supply store.

I'd have valued yours at maybe a 100 bucks....depending on condition.

RedneckPete · #10 10/02/05, 07:44 PM

Quote:

Originally Posted by Gary in ohio

Now a days its more expensive than going to the pump, By the time you figure in delivery cost, your most likley paying more than pump price. At one time you could get offroad diesel but most states now make you pay full on-road price and then you have to fill out forms for off-road rebates.

Add on top that the EPA and insurnce issues its just not worth it. a pickup with a bed mounted fuel tank is much more economical and safe.

Not in my experience. I save almost 40 cents a gallon over the pump price by getting my tank filled at my house rather then buying it at the pump. I buy diesel for my business, about 750 gallons at a time. I call for a fill when the price is low, and ride out the huge spikes we have been seeing lately with the fuel I have in my tanks.

Pete

blazingguns · #11 10/03/05, 07:01 AM

Thank You for all the replies!!!!! I think I am glad I got rid of the thing, it was just taking up space!!!! And I guess I am not out much money on it. Thanks Again!!!!!