Are Second-Hand Heating Oil Tanks a Good Idea?
A heating oil tank is a critical component of your heating system. However, like any equipment, these tanks have a finite lifespan and will need replacing or upgrading at some point. When the time comes to replace your tank, you may wonder whether to invest in a brand-new tank or consider a second-hand one.
Discover the pros and cons of buying second-hand oil tanks to determine if it’s the right choice for you.
The Pros of Second Hand Oil Tanks
1. Cost-Effective Solution
One of the most significant advantages of purchasing a second-hand heating oil tank is the potential cost savings. Brand-new oil tanks can initially be quite expensive, and opting for a used tank can be a budget-friendly alternative. By choosing a used tank, you can redirect your savings towards other household needs or invest in energy-efficient upgrades to your heating system.
Discover our top tips on how to cut costs and save money in your daily life.
2. Eco-Friendly Option
The decision to purchase a second-hand domestic oil tank also has environmental benefits. By recycling and reusing existing tanks, you contribute to the reduction of waste and the conservation of resources. Manufacturing new oil tanks consumes raw materials and energy, which contribute to environmental pollution and resource depletion. Choosing a second-hand tank is a responsible step toward sustainability.
Read our guide for more tips on how to be sustainable at home.
3. Great Availability
Second-hand oil tanks are readily available in the market, as many homeowners upgrade their heating systems or switch to alternative energy sources. Whether you require a tank of a particular size, material, or configuration, the availability of second-hand options accommodate various preferences.
The Cons of Second-Hand Heating Oil Tanks
1. Age and Wear
The most significant concern with second-hand oil tanks is their age and potential wear and tear. Older tanks may have corrosion, rust, or other structural issues that can lead to leaks or spills. These problems can not only be costly to repair but also pose environmental hazards.
Luckily, our OFTEC-registered engineers can provide reliable heating oil tank maintenance services, keeping your tank in tip-top condition. Additionally, our experts will carry out visual tank inspections when delivering your fuel.
2. Limited Warranty and Lifespan
When you purchase a brand-new oil tank, it often comes with a manufacturer’s warranty that can extend for several years. In contrast, second-hand tanks typically come without or with limited warranties. This means you’ll be responsible for any repairs or replacements, even if problems arise shortly after your purchase. Moreover, used tanks may have a shorter remaining lifespan compared to a new tank, so you may end up needing to replace it sooner.
At Certas Energy, all of our fuel storage tanks come with a ten year warranty. Give us a call on 0345 600 4040 to find out more.
3. Uncertain History
When you buy a used heating oil tank, you may not have all the information about its history. Ideally, you should know if the tank was well maintained, whether it underwent regular inspections, or if it had any past issues. This lack of transparency can be a risk factor when choosing a second-hand tank.
4. Compliance with Regulations
Regulations and standards for oil tanks may have changed since the second-hand tank you’re considering was manufactured. Ensuring that a second-hand tank complies with current regulations and safety standards is crucial. Retrofitting or upgrading may be necessary, adding to the expense.
5. Hidden Costs
When purchasing a second-hand tank, you should factor in potential hidden costs. These costs may include transportation, installation, the need for any necessary upgrades or repairs, and more. These additional costs can quickly add up and even offset the initial savings.
At Certas Energy, we offer a wide selection of new bunded oil tanks in all shapes and sizes. Plus, we provide flexible payment plans to cover oil storage tank costs so you stay on budget. Learn all about our domestic oil tank installation, maintenance and replacement services.
