I own all my tanks but I'm not sure of the sizes: Oxy and Acetylene (Ace. You should find out what it costs to lease (in your area) vs cost to buy & "run the numbers" to find out how much it will cost you per year. That's another reason to buy from the LWS whenever you can Nobody ever asked about the lease, but about 5-6 years ago I got to feeling guilty about the expired lease agreement, so I asked my "friendly local neighborhood Dave" at the LWS if I needed to renew it, & what's it going to cost me? He said the place had changed owners a half a dozen times since that agreement, thanks for asking, but as far as we're concerned, you own those tanks! ( Of course I have bought several thousand dollars worth of equipment from him too). When I got them filled, they always swapped tanks. Thoughts?Different areas have different prices.When I got my O/A tanks, in the mid 70's, all that I could get was a long-term lease.$100.00 for 20years on the oxygen & 15 on the acetylene, they figured that was the average working life of the cylinders at that time. the other? What do most of you do, and are you a large outfit or a small one man shop? I would be a one man show, & wouldn't use a huge amount of gas, if that makes a diff. Are there any obvious benefits to going one way verses the other? I usually like to own my stuff, unless it is something that would be obsolete fairly quickly, and is updated often. I went to my local welding shop, noticed that they both lease and sell tanks.
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