Should I Wait for My Furnace to Break Down?
It’s no secret that purchasing a new heating and cooling system is expensive. Because the upfront cost of a new system is so great, many homeowners put off taking the plunge.
When our customers begin experiencing more and more breakdowns, they start to wonder if it’s really time to buy, or if they can wait it out a little longer. Today, the experts at Schneller & Knochelmann Plumbing, Heating & Air are here to walk you through the decision of waiting or replacing.
The Pros & Cons: Wait vs. Replace
If it ain’t broke, don’t fix it, right? Not quite. Just because you can patch up an old unit or system to make it run doesn’t mean it’s the best choice. Letting your furnace limp along between patch jobs costs you far more than just the service call.
Old, ready-to-retire systems are prone to more frequent breakdowns, use more energy to run, and are more likely to dangerously malfunction. While it might seem like you’re saving money by putting off purchasing a new system, you’re more likely losing money the longer you wait.
Related Read: How You Know When It’s Time to Replace Your Furnace
What Do Replacement Savings Look Like?
Old systems are far less efficient than today’s heating and cooling systems. As a result, the upfront cost of a new furnace is usually made up for in utilities savings in the next 5 to 10 years of ownership. Plus, because your new unit will perform more intelligently, your home will be more comfortable.
Related Read: Comfort Doesn’t Mean a Bigger Furnace
Homeowners who aren’t planning to stay in their home for more than a few years should still consider biting the bullet and buying a new system. Not only will you start seeing lower utility bills, but you can also factor your home’s efficiency into the sale price.