I love it when I hear the personal financial experts say everyone needs to have six-months of take home pay available for emergencies. It’s absolutely wonderful advice, but there are many people who live from paycheck to paycheck and it’s not because they want to. There’s just not enough income to plan for the “rainy day.” Believe me, it’s something we run into all the time at Kotz Heating, Cooling & Plumbing because replacing an HVAC system in your Waterford, MI home can come with a pretty hefty price tag.
When financing is a necessity
Clearly keeping your house comfortable during winter cold and summer heat is not a luxury and financing a new HVAC unit may be the only choice you have. You should not feel badly about that. Kotz will do everything we can to work with you to provide the best interest rate and monthly payments to fit your budget.
Financing can make sense
There are also HVAC financing benefits even if you do have money set aside for emergencies. Many times during the year Kotz has special offers that can include zero percent financing on some purchases. If you qualify for those programs, doesn’t it make a lot of sense to use someone else’s money to pay for the new HVAC equipment? You will have affordable monthly payments while the money you’ve saved is still available to you and earning interest for you. Here are some other HVAC financing benefits to consider:
No down payment
This comes back to the whole issue of many people not having cash on hand. Most HVAC financing plans do not require a cash down payment. While there are certainly advantages if you can afford to pay some cash up front, it’s not a requirement.
Peace of mind
Let’s face it, not knowing if your old furnace is going to make it through another Michigan winter is no fun. The constant worrying can affect your quality of life. Even if you must use financing, new HVAC equipment will assure comfort in your Waterford, MI home along with knowing any problems that come up will be covered by the manufacturer warranty.
Increased home value
If there’s any chance you will be selling your home in the near future, updated heating and/or cooling systems will increase the home’s value and make it more desirable to potential buyers.
Don’t misunderstand us
Just because there are HVAC financing benefits doesn’t mean it’s a decision that should be taken lightly. Kotz Heating, Cooling & Plumbing will help you explore every option to determine if a financing plan will work for you and your budget. Don’t spend the winter wondering if your old furnace is going to make it through another year. Call now to schedule your free no-obligation estimate. Be sure to like and follow us on Facebook and Twitter for more great heating, cooling & plumbing information like this