It seems the latest gambit from the furnace companies in Northern
Alberta is don't buy a new furnace, rent one.
Promising no installation fees, no service costs and free bi-annual
preventative maintenance, all this for $49.95 per month.
Not sure how to feel about this, on one hand it's endless payments for a
new furnace, on the other hand you don't get hosed on repairs and those
get pricey with this generation of new furnaces.
Is this common in other parts of the North America?
Not very common, but anything can be leased or rented. Auto leases have
become very common.
It is a way of making a sale. Need a new furnace? Have $5000 to buy
one? Many families do not but they can come up with $50 a month. Is it
a good deal? Depends on the terms, length of agreement, total cost.
Yah, me too.
I found the high-efficiency furnace reliability so bad that I installed 30,000 btu of electric baseboard heaters as backup.
Any fuel cost savings from running a high-efficiency furnace you'll spend later on repairs to keep it running.
Does that imply that if one buys instead a "lesser
efficiency" furnace (I'm talking gas furnaces), it will last
longer because of less complexity of the design and electronics?
Jes' wonderin' ...
On Sat, 12 Nov 2016 22:35:32 -0800 (PST), DerbyDad03
He's obviously NOT in Ontario. It's almost cheaper to burn the house
down around you to stay warm than to heat with electricity up here!!!
(Not quite, but eighteen cents a KW Hour on peak, plus delivery
charges and Ontario Hydro debt reduction levy almost ANYTHING is
cheaper than heating with electricity..
I have had exactly ONE furnace failure that left me without required
heat (blower motor cooked between Christmas and New-Years during a
cold snap) in 35 years in this house, anf 5 years in previous houses.
(That was in the non-computerized furnace that I replaced at 28 years
of age as a "pe-emtive strike") The new furnace started making funny
noises while still on warranty and the required part was not available
from the manufacturer so I fixed it myself - during warm weather when
heat was not required. (Inducer fan blower squirrel cage loose and
fretting in the hub - I brazed it). I doubt the new one will outlast
the old one, but it is 1 year short of half way already - - -.
The rental agreement probably creates a lien on the house. If the seller
doesn't pay it off before sale, the new owner is on the hook for the
remaining rental payments. (Fun with typos: I had "reaming" instead of
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