While shopping for a new furnace, you need to consider many things like when you need a new furnace, the size of your home, fuel source (gas or electric) to what brands you should choose. Most furnaces come with Energy Star ratings which means they are efficient and will cost a lot less than old furnaces.
Renting, Financing or Buying a Furnace
This is an obvious question while installing a new furnace. If you can afford to purchase
a new furnace, this turns out to be the best option. You pay no interest and can also take benefit of government or manufacturer rebates. In this option, you are responsible to maintain the furnace. In most cases, little to no issues occur if furnace is maintained well & filters changed regularly. If you don’t have upfront cash or prefer not to dip down on your savings, you can choose to finance your furnace. Usually companies provide 10 to 15 year financing options. In this option, you do pay a market rate of interest but the installments make it more manageable to pay. And finally, the last option is to rent a furnace. Renting means you pay a monthly rent and you don’t own the equipment. Usually renting a furnace also means you don’t have to maintain it. This works out to be a costly option. One Touch recommends owning a furnace vs renting.
Call us or Book a free consultation to talk to us to determine your options. Our furnace installation Brampton & Mississauga pros provide excellent workmanship and quality at reasonable price. We are proud to have skilled experts do your furnace installation.
One Touch Heating & Air Conditioning provides furnace installation services in Brampton, Mississauga, Caledon & GTA.