Benefits Of Renting A Furnace

by

Rosenthal

Quite a few people are torn between renting a furnace and buying one. In all fairness, both have their advantages and disadvantages, but in this case let s concentrate on the benefits of renting. To begin with, renting or buying a furnace is rare decision to make for home owners because furnaces and home heating systems are generally quite long-lasting. However, if a furnace causes too many issues and is at the end of its life, it could be better to either rent or buy a new furnace.

Keeping up with a broken or malfunctioning furnace can be a nightmare, especially in cold locations like Toronto. If you are on the lookout for a new furnace or heating system but lack the cash to buy one, you may want to consider renting a furnace.

Initial cost savings

The cost of a new furnace can easily go up to more than a few thousand dollars, even if you get a large discount along with the purchase. Not everyone has so much money to spare at one time for a new furnace, but you cannot postpone your purchase of a new furnace or heating system either. This is when renting a furnace might be a good idea from a financial point of view. You can get an efficient furnace and heating system in your home at a small monthly rent, without shelling out a large amount to buy a new furnace.

You get the latest models

The latest furnace models come with the best technology and offer maximum efficiency. If you are on the lookout for a furnace that provides an AFUE rating of more than 90 percent, chances are that you have to shell out a huge amount of money for it too. However, if you are renting a furnace, you can get it for a much more affordable price and save money on your energy bills too.

Better service and maintenance

Most rental companies that offer to provide a furnace for rent include an emergency service cover along with a complete maintenance plan for the furnace equipment. Some plans also include the cost for spare parts and labor costs. In either case, you are spared the worry of managing every single aspect of furnace maintenance and you can better enjoy the furnace system you choose.

Thus, you can see that renting a furnace is a much more budget-friendly option than buying one, and you are able to save a lot of money on upfront costs. But it is important to understand that your cost benefits diminish over time, so renting is better a short-term solution but not a long-term one.

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