Furnace rental cost is often a major factor when homeowners choose a rental program, so it’s important to know the variables that go into determining this cost.
Typically, furnace rental cost can vary between the prices of $49.99 and $89.99 per month with contract terms being either 7 years, 10 years, or 15 years. The majority of furnace rental programs do not require any sort of down payment or additional installation cost. When choosing a rental program you should look for one which is an open agreement. An open agreement means that you are able to buy out and pay off the equipment at any point in time without a penalty. A rental program which is transferable would also be ideal. A transferable furnace rental program is one where you can transfer the equipment rental to the next homeowner in the case that you sell your home.
Factors which determine furnace rental cost
The three major factors which determine the furnace rental cost are efficiency level, BTU equipment size, and the manufacturer. The larger and higher efficiency furnace units will have higher monthly rental rates since the model itself is also more expensive. Smaller size and lower efficiency furnace units will have lower rental rates.
Furnace Purchasing vs. Rental
Purchasing a furnace unit is often a huge investment, and not all homeowners have the ability to make such a commitment. When purchasing a furnace you will have to spend thousands of dollars upfront and may even incur additional furnace expenses in the future. The expenses that can come with the purchase of a furnace are:
- The purchase of the furnace and all of its components
- Installation fees
- Maintenance fees
- Annual furnace filter replacement
- Annual Inspections
- Any possible additional parts
- Repairs and service labour fees
Easy Rentals...
On the contrary, renting a furnace through our furnace rental program means that you only incur a single affordable monthly payment. The furnace rental cost would include:
- Zero upfront charges & no hidden fees
- Free installation & old equipment removal
- Free lifetime maintenance and repairs on all parts and labour
- Free equipment replacement if it cannot be repaired
- No extended warranties required
- 24/ 7 Priority Service
- No Credit Check
- You will not be receiving any extra bills. Rental charges will appear in the other Companies section of your Enbridge Gas Distribution Bill.
- And even more, you also have the option to transfer the rental if you decide to sell your house.
Our furnace rental program is designed to be hassle free and easy for the homeowner. You will have peace of mind knowing that no matter what happens, our licensed, trained, and experienced technicians will be at your service to fix any furnace problem you may have. You will not have to worry about any upfront costs, repair costs, and maintenance fees, the only cost with renting your furnace through DeMark Home Ontario is one affordable, fixed monthly payment.
If you have any questions related to furnace rental cost or any of your other heating and cooling needs, don’t hesitate to contact DeMark Home Ontario for the answers. There are more furnace rental benefits that any homeowner can take advantage of.
Call us to learn more about our rent to own heating programs or to schedule your appointment with one of our home services advisors at 647-847-2998 or submit your request online.
Easy Rentals...
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