Renting a furnace or an air conditioning system in the Greater Toronto Area is becoming more popular as the HVAC Rental market has gradually and steadily been growing. However, the reality is that previous to the introduction of our Low-Monthly HVAC Rental Plan, not only we were not at all a fan of the HVAC rental market, we actually never recommended renting. Why you ask?
One simple reason! HVAC rental rates were and are often still very high… With most rental plans at $69.99 per month, consumer would end up paying up to quadruple the market value of the installed (usually a low-end brand and model) unit. When it comes to renting, most rental programs have been offering the most basic furnace and air conditioner model for rent. In short, there was only one clear winner in the aformentioned rental programs and it definitely was not the consumer!
Moreover, consumers that signed up to pay a rental fee of $69.99 on a monthly basis, most likely failed to shop around and did not realize that they can also own and finance the same deal for a period of ten years, and pay about $30 per month.