Furnaces: Rent or Buy?


Why rent?
There are a few scenarios in which a case can be made for renting instead of buying equipment: steep upfront costs, the presence of hard water (causing increased wear and tear), or simply a lack of interest in ownership.

Renting
No upfront costs, only consistent monthlies.
Enjoy more steady home temperatures and comfort, and see your bills reduced without having to make a significant investment.
All maintenance and repairs are fully covered as part of your rental.
We proactively call to schedule periodic maintenance on your equipment and catch breakdowns before they happen.
24/7 emergency servicing at no cost.
We will immediately repair or even replace equipment, and provide on-site electric heating during servicing to ensure your ongoing home comfort.
Automatic government rebate and subsidies.
Depending on your city, we'll ensure you're able to take advantage of rebates and subsidies available to you.
Buy out your equipment any time.
This is an open-ended agreement where you gain equity as you rent. If you sell your home, you can either transfer the equipment to the new owners or buy out the remaining balance.
Buying
Ownership adds value.
If you know you may be selling your home in the next 3-5 years, the absence of an included furnace may lower the value of your home. There is a capital cost to acquire the equipment, and you as an owner are responsible for changing filters and having the equipment maintained annually.
Take advantage of our competitive pricing and promotions.
We offer competitive pricing on all major brands of water heaters. Get $1000 off a select furnace, and receive a free smart thermostat with the installation of any furnace.
Purchase your own protection plans and/or service and maintenance.
Often, equipment manufacturers require annual maintenance to uphold the factory warranty. Additionally, with high-efficiency furnaces, there are more sensors that need to be maintained when compared with older mid-efficient equipment.
Find your own government rebates and subsidies.
Depending on your city, there may be government rebates and subsidy programs available to individuals purchasing equipment.
Hear from our customers
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Prefer to own but want peace of mind? SterlingCare plans start as low as $9.99/month.
Take back control and enjoy peace of mind with a SterlingCare Maintenance Plan.